Lakeshore Capital Group Inc. Makes New $108,000 Investment in Ford Motor Company $F

Lakeshore Capital Group Inc. bought a new position in shares of Ford Motor Company (NYSE:F) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the auto manufacturer’s stock, valued at approximately $108,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in F. Grove Bank & Trust grew its holdings in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,882 shares during the period. Elite Financial Inc. bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $30,000. Finally, WPG Advisers LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on F. Piper Sandler boosted their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Wells Fargo & Company boosted their price target on Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, October 3rd. Barclays boosted their price target on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Ford Motor in a research report on Saturday, September 27th. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.04.

Ford Motor Stock Performance

F stock opened at $11.93 on Wednesday. The stock has a market capitalization of $47.46 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 3.65 and a beta of 1.53. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $12.80. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The stock’s 50 day simple moving average is $11.63 and its 200 day simple moving average is $10.86.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.04. The business had revenue of $50.18 billion for 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 firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. As a group, research analysts forecast 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. Stockholders of record on Monday, August 11th were issued 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 is presently 76.92%.

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.