Ford Motor Company $F Shares Acquired by Brookstone Capital Management

Brookstone Capital Management lifted its stake in shares of Ford Motor Company (NYSE:F) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,232,780 shares of the auto manufacturer’s stock after buying an additional 12,284 shares during the period. Brookstone Capital Management’s holdings in Ford Motor were worth $13,376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in F. Vanguard Group Inc. lifted its stake in shares of Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after buying an additional 55,576,478 shares during the period. Pacer Advisors Inc. lifted its position in Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after purchasing an additional 48,378,444 shares during the period. Nuveen LLC acquired a new position in Ford Motor during the first quarter valued at $123,147,000. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock valued at $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. Finally, Aberdeen Group plc lifted its position in Ford Motor by 150.6% during the first quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer’s stock valued at $72,169,000 after purchasing an additional 4,365,125 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on F shares. UBS Group boosted their target price on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Piper Sandler boosted their target price on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Wells Fargo & Company boosted their target price on shares of Ford Motor from $8.00 to $10.00 and gave the company an “underweight” rating in a research report on Friday, October 3rd. Royal Bank Of Canada boosted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 5th. Finally, Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Two research 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 data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.11.

Ford Motor Stock Down 1.0%

F stock opened at $12.44 on Thursday. The stock has a market capitalization of $49.49 billion, a P/E ratio of 15.94, a P/E/G ratio of 3.69 and a beta of 1.53. The firm has a 50-day simple moving average of $11.79 and a 200-day simple moving average of $10.99. 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 Company has a 52 week low of $8.44 and a 52 week high of $12.80.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business 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 company earned $0.47 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Equities analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio is currently 76.92%.

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.