Collaborative Wealth Managment Inc. Invests $145,000 in Ford Motor Company $F

Collaborative Wealth Managment Inc. acquired a new stake in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 13,341 shares of the auto manufacturer’s stock, valued at approximately $145,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Trust Co. of Toledo NA OH bought a new stake in Ford Motor in the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp bought a new position in shares of Ford Motor during the 2nd quarter valued at $30,000. AlphaQuest LLC boosted its stake in shares of Ford Motor by 1,018.5% in the 2nd quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,811 shares during the last quarter. City Holding Co. grew its holdings in shares of Ford Motor by 47.8% in the second 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 during the period. Finally, ST Germain D J Co. Inc. increased its position in Ford Motor by 128.6% during the second quarter. ST Germain D J Co. Inc. now owns 3,182 shares of the auto manufacturer’s stock valued at $35,000 after acquiring an additional 1,790 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.20 on Monday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $13.97. The company has a market capitalization of $52.58 billion, a P/E ratio of 11.38, a P/E/G ratio of 4.03 and a beta of 1.60. The firm’s 50 day simple moving average is $12.30 and its two-hundred day simple moving average is $11.45.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The firm had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the prior year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. Research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Friday, November 7th. Ford Motor’s payout ratio is presently 51.72%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on F. JPMorgan Chase & Co. raised their target price on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Royal Bank Of Canada raised their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, October 24th. The Goldman Sachs Group boosted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, September 29th. Weiss Ratings upgraded shares of Ford Motor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, November 11th. Finally, Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and lifted their price target for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.73.

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.