Ford Motor Company $F Shares Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC raised its holdings in shares of Ford Motor Company (NYSE:F) by 237.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,145 shares of the auto manufacturer’s stock after acquiring an additional 34,574 shares during the quarter. EntryPoint Capital LLC’s holdings in Ford Motor were worth $493,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Grove Bank & Trust increased its holdings in Ford Motor by 289.1% during the 1st 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. purchased a new position in Ford Motor during the 1st quarter valued at about $27,000. Olde Wealth Management LLC purchased a new position in Ford Motor during the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC purchased a new position in Ford Motor during the 1st quarter valued at about $30,000. Finally, Spurstone Advisory Services LLC purchased a new position in Ford Motor during the 4th quarter valued at about $31,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of NYSE F opened at $11.4950 on Thursday. The company has a market cap of $45.75 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 3.35 and a beta of 1.48. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $11.97. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The company has a 50-day simple moving average of $11.18 and a 200-day simple moving average of $10.32.

Ford Motor (NYSE:F) last released its 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. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. During the same period last year, the company earned $0.47 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Insider Activity

In related news, insider Andrew Frick sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares of the company’s stock, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on F shares. Piper Sandler raised their target price on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, July 31st. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Barclays lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 16th. The Goldman Sachs Group lifted their price target on shares of Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, May 6th. Finally, Citigroup lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Wednesday, May 7th. Two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $10.53.

Ford Motor Company 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.