Buck Wealth Strategies LLC Boosts Stock Holdings in Ford Motor Company $F

Buck Wealth Strategies LLC boosted its holdings in Ford Motor Company (NYSE:F) by 77.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,129 shares of the auto manufacturer’s stock after buying an additional 42,495 shares during the period. Buck Wealth Strategies LLC’s holdings in Ford Motor were worth $1,274,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after acquiring an additional 4,087,699 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Ford Motor by 81.1% during the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after acquiring an additional 15,866,285 shares during the last quarter. Invesco Ltd. raised its stake in shares of Ford Motor by 4.7% during the third quarter. Invesco Ltd. now owns 35,390,868 shares of the auto manufacturer’s stock valued at $423,275,000 after acquiring an additional 1,597,841 shares during the last quarter. DLD Asset Management LP bought a new position in shares of Ford Motor during the third quarter valued at about $299,000,000. Finally, Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 190.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock worth $131,641,000 after buying an additional 7,220,686 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.63% of the company’s stock.

Ford Motor Stock Up 1.2%

Shares of F stock opened at $12.33 on Friday. The company’s fifty day simple moving average is $12.24 and its two-hundred day simple moving average is $13.00. Ford Motor Company has a 52 week low of $9.88 and a 52 week high of $14.80. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The stock has a market cap of $49.18 billion, a P/E ratio of -7.95, a PEG ratio of 0.28 and a beta of 1.65.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 EPS. Analysts predict that Ford Motor Company will post 1.54 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on F shares. Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup cut their target price on shares of Ford Motor from $13.50 to $13.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, TD Cowen dropped their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $13.56.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.