Global Retirement Partners LLC Raises Holdings in Ford Motor Company $F

Global Retirement Partners LLC boosted its stake in shares of Ford Motor Company (NYSE:F) by 81.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,660 shares of the auto manufacturer’s stock after acquiring an additional 53,093 shares during the quarter. Global Retirement Partners LLC’s holdings in Ford Motor were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Robertson Stephens Wealth Management LLC raised its position in Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 761 shares during the last quarter. CRA Financial Services LLC raised its position in Ford Motor by 4.4% during the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after purchasing an additional 775 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Ford Motor by 16.5% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after purchasing an additional 776 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in Ford Motor by 7.2% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock valued at $153,000 after purchasing an additional 784 shares during the last quarter. Finally, Activest Wealth Management raised its position in Ford Motor by 35.3% during the 4th quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock valued at $40,000 after purchasing an additional 794 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.0%

Shares of NYSE:F opened at $14.93 on Monday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a market capitalization of $59.47 billion, a P/E ratio of -9.63, a P/E/G ratio of 0.33 and a beta of 1.65. The stock has a 50 day moving average price of $12.29 and a 200-day moving average price of $13.03. Ford Motor Company has a 52-week low of $9.88 and a 52-week high of $14.95.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 EPS. As a group, equities research analysts anticipate that Ford Motor Company will post 1.6 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s dividend payout ratio is presently -38.71%.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. UBS Group lowered their price target on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Bank of America started coverage on Ford Motor in a research report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 target price for the company. Finally, Citigroup decreased their target price on Ford Motor from $13.50 to $13.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $13.56.

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.