Mather Group LLC. Increases Holdings in Ford Motor Company $F

Mather Group LLC. increased its position in shares of Ford Motor Company (NYSE:F) by 42.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 18,438 shares of the auto manufacturer’s stock after purchasing an additional 5,498 shares during the quarter. Mather Group LLC.’s holdings in Ford Motor were worth $200,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Ford Motor by 6,915.1% in the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after purchasing an additional 48,378,444 shares during the last quarter. Nuveen LLC acquired a new position in shares of Ford Motor in the 1st quarter valued at $123,147,000. Finally, National Pension Service raised its holdings in shares of Ford Motor by 4.5% in the first quarter. National Pension Service now owns 7,544,280 shares of the auto manufacturer’s stock valued at $75,669,000 after buying an additional 324,136 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $12.02 on Friday. The stock’s 50 day moving average price is $11.49 and its 200 day moving average price is $10.74. The firm has a market cap of $47.84 billion, a P/E ratio of 15.41, a PEG ratio of 3.45 and a beta of 1.52. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.32.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 earnings per share. On average, sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on F shares. Jefferies Financial Group lifted their target price on Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research note on Monday, August 11th. Royal Bank Of Canada raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 5th. Piper Sandler boosted 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. Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Finally, UBS Group increased their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Reduce” and a consensus price target of $10.43.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the business’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 completion of the transaction, the insider owned 113,939 shares of the company’s stock, valued at $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.48% of the stock is currently owned by company insiders.

About Ford Motor

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.