Soltis Investment Advisors LLC Has $385,000 Stock Position in Ford Motor Company $F

Soltis Investment Advisors LLC lifted its holdings in Ford Motor Company (NYSE:F) by 13.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,443 shares of the auto manufacturer’s stock after purchasing an additional 4,071 shares during the period. Soltis Investment Advisors LLC’s holdings in Ford Motor were worth $385,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH bought a new position in Ford Motor during the second quarter valued at about $25,000. Atlantic Union Bankshares Corp acquired a new position in shares of Ford Motor during the 2nd quarter valued at about $30,000. WPG Advisers LLC bought a new position in shares of Ford Motor in the 1st quarter valued at approximately $33,000. Rise Advisors LLC lifted its holdings in Ford Motor by 316.5% in the 1st quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,510 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in Ford Motor by 1,018.5% in the 2nd quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,811 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.7%

NYSE F opened at $13.21 on Friday. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The stock has a market cap of $52.65 billion, a PE ratio of 11.39, a PEG ratio of 4.03 and a beta of 1.60. The firm has a 50-day simple moving average of $12.14 and a 200 day simple moving average of $11.32. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. During the same period in the previous year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio is presently 51.72%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. UBS Group lifted their price target on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Barclays raised their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Monday, October 27th. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Wells Fargo & Company raised their price target on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Finally, The Goldman Sachs Group boosted their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.73.

Ford Motor Profile

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.