Strengthening Families & Communities LLC Cuts Position in Ford Motor Company $F

Strengthening Families & Communities LLC decreased its position in Ford Motor Company (NYSE:F) by 51.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,932 shares of the auto manufacturer’s stock after selling 3,051 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Ford Motor were worth $29,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Grove Bank & Trust raised its position in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,882 shares during the period. Elite Financial Inc. purchased a new stake in Ford Motor in the first quarter valued at approximately $27,000. Olde Wealth Management LLC purchased a new stake in Ford Motor in the first quarter valued at approximately $28,000. MorganRosel Wealth Management LLC purchased a new stake in Ford Motor in the first quarter valued at approximately $30,000. Finally, WPG Advisers LLC purchased a new stake in shares of Ford Motor during the first quarter worth $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $11.43 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The firm has a fifty day moving average price of $11.67 and a 200 day moving average price of $10.88. The company has a market cap of $45.47 billion, a P/E ratio of 14.65, a PEG ratio of 3.31 and a beta of 1.53. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.80.

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

Ford Motor Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on F shares. Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Royal Bank Of Canada upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Piper Sandler upped their price objective on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.