Silverlake Wealth Management LLC Buys New Shares in Ford Motor Company $F

Silverlake Wealth Management LLC purchased a new position in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,694 shares of the auto manufacturer’s stock, valued at approximately $746,000.

A number of other large investors also recently bought and sold shares of F. Maripau Wealth Management LLC grew its stake in shares of Ford Motor by 1.6% during the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after buying an additional 749 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Ford Motor by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 756 shares during the period. Robertson Stephens Wealth Management LLC raised its position in shares of Ford Motor by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 761 shares during the period. Southern Financial Group LLC boosted its holdings in Ford Motor by 2.3% in the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after acquiring an additional 776 shares during the last quarter. Finally, Activest Wealth Management boosted its holdings in Ford Motor by 35.3% in the fourth quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock valued at $40,000 after acquiring an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on F. BNP Paribas Exane upped their price target on Ford Motor from $14.00 to $14.50 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Barclays lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.68.

Ford Motor Stock Up 3.4%

Shares of Ford Motor stock opened at $14.36 on Friday. The company has a fifty day moving average price of $14.18 and a 200 day moving average price of $13.50. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78. The stock has a market cap of $57.26 billion, a price-to-earnings ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 EPS. Equities research analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is presently -32.09%.

Ford Motor 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.