Parcion Private Wealth LLC Purchases 919 Shares of Ford Motor Company $F

Parcion Private Wealth LLC grew its holdings in Ford Motor Company (NYSE:F) by 7.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,557 shares of the auto manufacturer’s stock after buying an additional 919 shares during the quarter. Parcion Private Wealth LLC’s holdings in Ford Motor were worth $136,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Trust Co. of Toledo NA OH acquired a new position in shares of Ford Motor during the 2nd quarter worth about $25,000. Elite Financial Inc. acquired a new stake in shares of Ford Motor in the first quarter valued at approximately $27,000. Olde Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC bought a new position in Ford Motor in the first quarter valued at approximately $30,000. Finally, WPG Advisers LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $33,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. UBS Group lifted their price objective on shares of 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 upped their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 5th. Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and boosted their target price for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. JPMorgan Chase & Co. increased their target price on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Barclays increased their price target on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. Two 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $11.11.

Ford Motor Trading Down 1.0%

F opened at $12.31 on Friday. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80. The firm has a market capitalization of $48.99 billion, a PE ratio of 15.78, a P/E/G ratio of 3.65 and a beta of 1.53. 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 company’s 50-day moving average is $11.80 and its 200 day moving average is $11.01.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 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 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 EPS. As a group, research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 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.