Private Advisor Group LLC Purchases 53,780 Shares of Ford Motor Company $F

Private Advisor Group LLC raised its position in shares of Ford Motor Company (NYSE:F) by 20.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320,204 shares of the auto manufacturer’s stock after buying an additional 53,780 shares during the quarter. Private Advisor Group LLC’s holdings in Ford Motor were worth $3,695,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in F. Grove Bank & Trust grew its holdings in shares of Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. purchased a new stake in Ford Motor during the fourth quarter valued at $25,000. Olistico Wealth LLC purchased a new stake in Ford Motor during the fourth quarter valued at $26,000. McMillan Office Inc. bought a new position in Ford Motor during the fourth quarter valued at $26,000. Finally, Johnson Financial Group Inc. lifted its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Ford Motor stock opened at $13.51 on Thursday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a market capitalization of $53.82 billion, a P/E ratio of -8.71, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 1-year low of $10.68 and a 1-year high of $17.78. The company’s 50-day moving average is $14.04 and its 200 day moving average is $13.37.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 earnings per share. Research analysts forecast that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. Ford Motor’s payout ratio is presently -38.71%.

Ford Motor News Roundup

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Zacks Research upgraded Ford to “strong-buy” from hold, which may help sentiment by signaling improved analyst confidence in the shares.
• Neutral Sentiment: Commentary comparing Ford with Rivian and Tesla may draw investor attention to Ford’s valuation and upside potential, but it does not change the company’s fundamentals directly.
• Negative Sentiment: Ford reported a drop in U.S. sales in the second quarter, a sign that demand weakness could be pressuring revenue and near-term results. Ford Motor Company (F) Reports Drop in US Sales in the Second Quarter
• Negative Sentiment: Ford is recalling more than 110,000 Mustang vehicles over windshield wiper and rear drivetrain defects, raising added warranty costs, execution concerns, and potential reputational damage. Ford to recall over 110,000 US vehicles over wiper, pinion shaft issues, NHTSA says

Analyst Ratings Changes

F has been the topic of several recent research reports. Morgan Stanley restated an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Bank of America raised their price objective on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company lifted their target price on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.70.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.