Thompson Investment Management Inc. Has $37,000 Holdings in Ford Motor Company $F

Thompson Investment Management Inc. boosted its holdings in shares of Ford Motor Company (NYSE:F) by 243.2% in the second quarter, HoldingsChannel reports. The fund owned 3,394 shares of the auto manufacturer’s stock after buying an additional 2,405 shares during the quarter. Thompson Investment Management Inc.’s holdings in Ford Motor were worth $37,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Grove Bank & Trust raised its stake 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 purchasing an additional 1,882 shares in the last quarter. Elite Financial Inc. purchased a new stake in shares of Ford Motor during the 1st quarter worth about $27,000. Olde Wealth Management LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $30,000. Finally, WPG Advisers LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Down 0.7%

Shares of F stock opened at $11.43 on Friday. The stock’s 50 day simple moving average is $11.67 and its 200 day simple moving average is $10.88. 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 twelve month low of $8.44 and a twelve month high of $12.80. The company has a market capitalization of $45.47 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 3.31 and a beta of 1.53.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 EPS. As a group, research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s payout ratio is currently 76.92%.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised their price target on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Piper Sandler raised their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and raised their price target for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of Ford Motor in a research note on Saturday, September 27th. Finally, Wells Fargo & Company raised their price objective on Ford Motor from $8.00 to $10.00 and gave the company an “underweight” rating in a research note on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $11.04.

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.