M.E. Allison & CO. Inc. Acquires 3,101 Shares of Ford Motor Company $F

M.E. Allison & CO. Inc. increased its holdings in Ford Motor Company (NYSE:F) by 6.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,431 shares of the auto manufacturer’s stock after buying an additional 3,101 shares during the period. M.E. Allison & CO. Inc.’s holdings in Ford Motor were worth $591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of F. Grove Bank & Trust raised its stake in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,882 shares in the last quarter. Trust Co. of Toledo NA OH bought a new position in Ford Motor in the second quarter worth approximately $25,000. Elite Financial Inc. bought a new position in Ford Motor in the first quarter worth approximately $27,000. Olde Wealth Management LLC bought a new position in Ford Motor in the first quarter worth approximately $28,000. Finally, MorganRosel Wealth Management LLC bought a new position in Ford Motor in the first quarter worth approximately $30,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 29th. Barclays lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 16th. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $11.04.

Ford Motor Price Performance

Shares of F opened at $11.43 on Monday. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.80. The company’s fifty day moving average price is $11.67 and its 200-day moving average price is $10.89.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. On average, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

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

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.