Ford Motor Company $F Shares Acquired by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. lifted its stake in shares of Ford Motor Company (NYSE:F) by 8.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 95,571 shares of the auto manufacturer’s stock after purchasing an additional 7,515 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $1,037,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after purchasing an additional 55,576,478 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. Pacer Advisors Inc. grew its stake in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after purchasing an additional 48,378,444 shares during the period. Nuveen LLC acquired a new position in shares of Ford Motor during the 1st quarter worth $123,147,000. Finally, Aberdeen Group plc grew its stake in shares of Ford Motor by 4.5% during the 2nd quarter. Aberdeen Group plc now owns 7,594,345 shares of the auto manufacturer’s stock worth $81,601,000 after purchasing an additional 330,239 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 0.7%

F opened at $11.43 on Monday. The firm has a 50 day moving average price of $11.67 and a 200 day moving average price of $10.89. The company has a market cap of $45.47 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 3.26 and a beta of 1.53. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 EPS. Sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.3%. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Piper Sandler upped their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Barclays boosted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. JPMorgan Chase & Co. boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Ford Motor in a report on Saturday, September 27th. Two research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.04.

Ford Motor 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.