Integrity Alliance LLC. decreased its position in shares of Ford Motor Company (NYSE:F – Free Report) by 76.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 16,094 shares of the auto manufacturer’s stock after selling 51,876 shares during the quarter. Integrity Alliance LLC.’s holdings in Ford Motor were worth $175,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IFG Advisory LLC raised its holdings in Ford Motor by 11.8% during the second quarter. IFG Advisory LLC now owns 19,831 shares of the auto manufacturer’s stock worth $215,000 after purchasing an additional 2,091 shares in the last quarter. Simon Quick Advisors LLC bought a new stake in Ford Motor during the second quarter worth approximately $188,000. Strs Ohio raised its holdings in Ford Motor by 33.8% during the second quarter. Strs Ohio now owns 1,174,844 shares of the auto manufacturer’s stock worth $12,747,000 after purchasing an additional 296,609 shares in the last quarter. Savvy Advisors Inc. raised its holdings in Ford Motor by 9.8% during the second quarter. Savvy Advisors Inc. now owns 38,577 shares of the auto manufacturer’s stock worth $419,000 after purchasing an additional 3,459 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in Ford Motor by 201.1% during the second quarter. Assetmark Inc. now owns 32,124 shares of the auto manufacturer’s stock worth $349,000 after purchasing an additional 21,456 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.
Ford Motor Trading Up 0.5%
NYSE F opened at $13.13 on Monday. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The stock has a market cap of $52.30 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 4.03 and a beta of 1.53. The firm’s 50 day moving average price is $12.01 and its two-hundred day moving average price is $11.22.
Ford Motor Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, November 7th. Ford Motor’s payout ratio is presently 51.72%.
Analyst Upgrades and Downgrades
Several research firms have issued reports on F. Citigroup upped their price target on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Royal Bank Of Canada upped their price target on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a report on Friday, October 24th. The Goldman Sachs Group upped their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and upped their price target for the company from $9.00 to $12.00 in a report on Monday, October 6th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus target price of $11.73.
Check Out Our Latest Report on Ford Motor
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.
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