Ford Motor (NYSE:F) Shares Acquired by RB Capital Management LLC

RB Capital Management LLC grew its stake in Ford Motor (NYSE:FGet Rating) by 12.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,878 shares of the auto manufacturer’s stock after buying an additional 3,539 shares during the quarter. RB Capital Management LLC’s holdings in Ford Motor were worth $344,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Arkadios Wealth Advisors raised its holdings in Ford Motor by 1.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 106,093 shares of the auto manufacturer’s stock worth $1,181,000 after purchasing an additional 1,982 shares during the period. KMG Fiduciary Partners LLC raised its holdings in Ford Motor by 59.5% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 126,277 shares of the auto manufacturer’s stock worth $1,405,000 after purchasing an additional 47,107 shares during the period. Pacific Financial Group Inc. acquired a new position in Ford Motor in the 2nd quarter worth about $112,000. Parkside Financial Bank & Trust raised its holdings in Ford Motor by 15.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 7,345 shares of the auto manufacturer’s stock worth $82,000 after purchasing an additional 999 shares during the period. Finally, Gateway Investment Advisers LLC raised its holdings in Ford Motor by 1.0% in the 2nd quarter. Gateway Investment Advisers LLC now owns 1,534,924 shares of the auto manufacturer’s stock worth $17,084,000 after purchasing an additional 15,919 shares during the period. Institutional investors and hedge funds own 49.89% of the company’s stock.

Ford Motor Trading Down 2.1 %

Shares of Ford Motor stock opened at $12.77 on Friday. The firm has a market capitalization of $51.34 billion, a price-to-earnings ratio of 4.47, a PEG ratio of 0.76 and a beta of 1.29. Ford Motor has a fifty-two week low of $10.61 and a fifty-two week high of $25.87. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.00 and a current ratio of 1.16. The stock has a 50 day moving average of $14.74 and a 200 day moving average of $14.28.

Ford Motor (NYSE:FGet Rating) last issued its quarterly earnings data on Wednesday, July 27th. The auto manufacturer reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.24. The company had revenue of $37.91 billion during the quarter, compared to analyst estimates of $35.17 billion. Ford Motor had a return on equity of 16.91% and a net margin of 7.86%. The firm’s revenue for the quarter was up 57.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 earnings per share. As a group, research analysts predict that Ford Motor will post 2.08 earnings per share for the current year.

Ford Motor Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 11th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.70%. This is a positive change from Ford Motor’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, August 10th. Ford Motor’s dividend payout ratio is presently 20.98%.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Ford Motor from $12.00 to $13.00 in a report on Thursday, July 28th. Wells Fargo & Company cut their price objective on Ford Motor from $12.00 to $10.00 and set an “underweight” rating for the company in a research note on Monday, July 11th. Benchmark cut their price objective on Ford Motor to $23.00 in a research note on Tuesday, August 9th. Nomura upgraded Ford Motor from a “reduce” rating to a “neutral” rating and set a $12.40 price objective for the company in a research note on Thursday, July 21st. Finally, Citigroup cut their price objective on Ford Motor from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, August 2nd. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $18.28.

Ford Motor Profile

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Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

See Also

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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