Private Advisor Group LLC Raises Position in Ford Motor Company $F

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

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Caxton Associates LLP purchased a new position in Ford Motor during the first quarter valued at $304,000. Empowered Funds LLC raised its stake in shares of Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the period. Jump Financial LLC bought a new position in shares of Ford Motor in the second quarter worth about $172,000. NewEdge Advisors LLC lifted its position in shares of Ford Motor by 26.3% during the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock valued at $2,907,000 after buying an additional 55,741 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of Ford Motor by 1.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock valued at $19,786,000 after acquiring an additional 26,526 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.4%

Shares of F opened at $13.51 on Thursday. The business’s 50 day moving average is $14.04 and its 200 day moving average is $13.37. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 12-month low of $10.68 and a 12-month high of $17.78. The company has a market capitalization of $53.82 billion, a PE ratio of -8.71, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82.

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. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same period in the prior year, the company posted $0.14 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. Research analysts expect that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given 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 dividend yield of 4.4%. Ford Motor’s dividend payout ratio is currently -38.71%.

Analysts Set New Price Targets

F has been the subject of several analyst reports. The Goldman Sachs Group increased their target price on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a research report on Friday, May 15th. Wall Street Zen raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Morgan Stanley restated an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $14.70.

Ford Motor News Summary

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

Ford Motor Company 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.