Ford Motor (NYSE:F) Stock Holdings Raised by Trek Financial LLC

Trek Financial LLC increased its holdings in Ford Motor (NYSE:F) by 78.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 82,962 shares of the auto manufacturer’s stock after buying an additional 36,387 shares during the period. Trek Financial LLC’s holdings in Ford Motor were worth $821,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. HighTower Advisors LLC increased its position in shares of Ford Motor by 3.0% in the third quarter. HighTower Advisors LLC now owns 828,416 shares of the auto manufacturer’s stock worth $8,736,000 after acquiring an additional 24,189 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of Ford Motor by 6.2% in the 3rd quarter. Janus Henderson Group PLC now owns 672,923 shares of the auto manufacturer’s stock valued at $7,103,000 after acquiring an additional 39,500 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its stake in shares of Ford Motor by 40.8% in the third quarter. Kovitz Investment Group Partners LLC now owns 204,126 shares of the auto manufacturer’s stock worth $2,156,000 after buying an additional 59,160 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in Ford Motor by 14.8% during the third quarter. EP Wealth Advisors LLC now owns 85,195 shares of the auto manufacturer’s stock valued at $900,000 after acquiring an additional 11,011 shares during the period. Finally, National Bank of Canada FI grew its holdings in Ford Motor by 22.9% in the 3rd quarter. National Bank of Canada FI now owns 3,985,181 shares of the auto manufacturer’s stock valued at $42,083,000 after buying an additional 742,534 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.4 %

Shares of F stock opened at $9.58 on Monday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $37.95 billion, a price-to-earnings ratio of 6.56, a PEG ratio of 0.61 and a beta of 1.41. The company has a 50-day simple moving average of $9.72 and a two-hundred day simple moving average of $10.24. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

F has been the subject of several recent research reports. JPMorgan Chase & Co. cut their price target on Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Wells Fargo & Company lowered their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Piper Sandler dropped their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th. Finally, TD Cowen initiated coverage on Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.37.

About Ford Motor

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.