Mutual Advisors LLC Purchases 8,973 Shares of Ford Motor Company $F

Mutual Advisors LLC grew its position in shares of Ford Motor Company (NYSE:F) by 9.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,527 shares of the auto manufacturer’s stock after acquiring an additional 8,973 shares during the quarter. Mutual Advisors LLC’s holdings in Ford Motor were worth $1,165,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisors Capital Management LLC grew its holdings in Ford Motor by 9.6% during the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after buying an additional 1,100 shares in the last quarter. FORA Capital LLC bought a new stake in Ford Motor during the first quarter worth $7,398,000. Generali Investments CEE investicni spolecnost a.s. grew its holdings in Ford Motor by 25.0% during the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock worth $3,009,000 after buying an additional 60,000 shares in the last quarter. Teza Capital Management LLC bought a new stake in Ford Motor during the first quarter worth $465,000. Finally, Quantitative Investment Management LLC bought a new stake in Ford Motor during the first quarter worth $2,373,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group upped their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, September 29th. Royal Bank Of Canada boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Wells Fargo & Company boosted their price objective on Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, October 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday. Finally, Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. 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.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.04.

Ford Motor Stock Performance

Shares of F opened at $11.93 on Friday. The stock’s 50-day simple moving average is $11.72 and its 200 day simple moving average is $10.94. The stock has a market capitalization of $47.46 billion, a price-to-earnings ratio of 15.29, a price-to-earnings-growth ratio of 3.42 and a beta of 1.53. 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 52-week low of $8.44 and a 52-week high of $12.80.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm posted $0.47 EPS. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio is currently 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.