Five Oceans Advisors Takes Position in Ford Motor Company $F

Five Oceans Advisors acquired a new stake in Ford Motor Company (NYSE:F) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,360 shares of the auto manufacturer’s stock, valued at approximately $123,000.

Several other large investors have also made changes to their positions in F. Grove Bank & Trust boosted its holdings in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,882 shares during the last quarter. Elite Financial Inc. purchased a new stake in shares of Ford Motor in the 1st quarter valued at $27,000. Olde Wealth Management LLC purchased a new stake in shares of Ford Motor in the 1st quarter valued at $28,000. MorganRosel Wealth Management LLC acquired a new position in shares of Ford Motor in the 1st quarter valued at $30,000. Finally, Wood Tarver Financial Group LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $31,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

F opened at $11.62 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The company has a market cap of $46.23 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 3.34 and a beta of 1.52. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $11.99. The firm’s fifty day simple moving average is $11.47 and its two-hundred day simple moving average is $10.72.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.04. The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.47 earnings per share. Equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on F shares. Royal Bank Of Canada boosted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Piper Sandler boosted their target price on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, July 31st. UBS Group boosted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Finally, Barclays boosted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Ford Motor currently has an average rating of “Reduce” and a consensus target price of $10.43.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider directly owned 113,939 shares of the company’s stock, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.48% of the company’s stock.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.