13,977 Shares in Ford Motor Company $F Bought by PDS Planning Inc

PDS Planning Inc acquired a new position in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 13,977 shares of the auto manufacturer’s stock, valued at approximately $152,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wedmont Private Capital grew its holdings in Ford Motor by 3.0% during the 2nd quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock worth $374,000 after acquiring an additional 934 shares in the last quarter. Meriwether Wealth & Planning LLC grew its holdings in Ford Motor by 6.9% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer’s stock worth $165,000 after acquiring an additional 985 shares in the last quarter. Atlas Capital Advisors Inc. grew its holdings in Ford Motor by 21.2% during the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock worth $57,000 after acquiring an additional 989 shares in the last quarter. City Holding Co. grew its holdings in Ford Motor by 47.8% during the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock worth $34,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Childress Capital Advisors LLC grew its holdings in Ford Motor by 6.2% during the 2nd quarter. Childress Capital Advisors LLC now owns 17,321 shares of the auto manufacturer’s stock worth $188,000 after acquiring an additional 1,006 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group raised their price objective on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ford Motor in a report on Saturday, September 27th. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Piper Sandler lifted their price target 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. Two investment 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.04.

Ford Motor Trading Up 1.3%

Shares of NYSE:F opened at $11.56 on Tuesday. The company has a market cap of $45.99 billion, a PE ratio of 14.81, a P/E/G ratio of 3.26 and a beta of 1.53. The company’s 50-day moving average price is $11.68 and its 200 day moving average price is $10.90. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. Ford Motor’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS. Sell-side 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 declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is 76.92%.

Ford Motor 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.