XML Financial LLC Reduces Holdings in Ford Motor Company $F

XML Financial LLC reduced its position in shares of Ford Motor Company (NYSE:F) by 48.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,179 shares of the auto manufacturer’s stock after selling 9,725 shares during the period. XML Financial LLC’s holdings in Ford Motor were worth $110,000 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 stake in shares of Ford Motor by 289.1% during the first 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 in the last quarter. Elite Financial Inc. acquired a new stake in Ford Motor during the 1st quarter valued at approximately $27,000. Olde Wealth Management LLC purchased a new stake in Ford Motor during the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC purchased a new stake in Ford Motor during the 1st quarter worth approximately $30,000. Finally, WPG Advisers LLC purchased a new position in shares of Ford Motor during the 1st quarter valued at approximately $33,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on F. Piper Sandler lifted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Barclays upped 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. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Finally, Jefferies Financial Group lifted their target price on Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research report on Monday, August 11th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $10.57.

Ford Motor Stock Performance

Shares of F stock opened at $12.26 on Thursday. The company has a market cap of $48.77 billion, a P/E ratio of 15.71, a PEG ratio of 3.44 and a beta of 1.53. The business has a 50 day moving average of $11.54 and a two-hundred day moving average of $10.78. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $12.31. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping 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 return on equity of 12.46% and a net margin of 1.70%.The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.47 EPS. As a group, analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.9%. Ford Motor’s dividend payout ratio is currently 76.92%.

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.