118,110 Shares in Ford Motor Company $F Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. bought a new position in Ford Motor Company (NYSE:F) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 118,110 shares of the auto manufacturer’s stock, valued at approximately $1,642,000.

Several other institutional investors also recently bought and sold shares of F. Caxton Associates LLP acquired a new position in Ford Motor in the first quarter valued at $304,000. Empowered Funds LLC lifted its position in Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the period. Jump Financial LLC acquired a new stake in Ford Motor in the 2nd quarter worth about $172,000. NewEdge Advisors LLC grew its holdings in Ford Motor by 26.3% in the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock valued at $2,907,000 after buying an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina grew its holdings in Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock valued at $19,786,000 after buying an additional 26,526 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Ford Motor stock opened at $14.48 on Thursday. The company has a market cap of $57.76 billion, a price-to-earnings ratio of -7.75, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The stock’s 50-day moving average is $14.14 and its 200-day moving average is $13.50.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. Equities analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s payout ratio is currently -32.09%.

Analyst Ratings Changes

F has been the topic of several recent analyst reports. Bank of America increased their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. UBS Group boosted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a report on Monday, June 8th. Piper Sandler upped their price target 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. Jefferies Financial Group raised shares of Ford Motor from a “hold” rating to a “buy” rating and increased their price target for the stock from $14.50 to $17.50 in a research note on Monday, July 27th. Finally, Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.68.

About Ford Motor

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.