Ford Motor Company $F Shares Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC lifted its position in shares of Ford Motor Company (NYSE:F) by 2.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 67,154 shares of the auto manufacturer’s stock after buying an additional 1,714 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Ford Motor were worth $729,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Chicago Partners Investment Group LLC raised its stake in shares of Ford Motor by 22.9% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 21,533 shares of the auto manufacturer’s stock worth $245,000 after buying an additional 4,015 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Ford Motor during the 2nd quarter worth about $1,263,000. Quotient Wealth Partners LLC increased its position in Ford Motor by 38.5% during the 2nd quarter. Quotient Wealth Partners LLC now owns 18,764 shares of the auto manufacturer’s stock worth $204,000 after purchasing an additional 5,220 shares in the last quarter. Koshinski Asset Management Inc. increased its position in Ford Motor by 5.0% during the 2nd quarter. Koshinski Asset Management Inc. now owns 57,419 shares of the auto manufacturer’s stock worth $623,000 after purchasing an additional 2,741 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC increased its position in Ford Motor by 1.1% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 2,063,044 shares of the auto manufacturer’s stock worth $22,384,000 after purchasing an additional 21,485 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Up 1.6%

F opened at $11.93 on Monday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. 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 3.47 and a beta of 1.53. The business has a 50-day moving average of $11.72 and a two-hundred day moving average of $10.95. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.80.

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

Ford Motor Dividend Announcement

The company also recently announced 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. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. Ford Motor’s payout ratio is presently 76.92%.

Analysts Set New Price Targets

A number of research firms recently commented on F. Barclays lifted their price objective 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. UBS Group lifted their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Royal Bank Of Canada lifted 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. JPMorgan Chase & Co. lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $11.04.

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.