Blair William & Co. IL Has $1.82 Million Holdings in Ford Motor Company $F

Blair William & Co. IL lessened its stake in Ford Motor Company (NYSE:F) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 167,239 shares of the auto manufacturer’s stock after selling 4,141 shares during the quarter. Blair William & Co. IL’s holdings in Ford Motor were worth $1,815,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Grove Bank & Trust lifted its holdings in Ford Motor by 289.1% during the 1st 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 last quarter. Elite Financial Inc. acquired a new position in Ford Motor in the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter valued at about $30,000. Finally, City Holding Co. grew its stake in Ford Motor by 47.8% in the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock valued at $34,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Up 1.1%

Shares of NYSE F opened at $11.67 on Wednesday. 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 Company has a 52 week low of $8.44 and a 52 week high of $12.80. The stock has a market capitalization of $46.43 billion, a P/E ratio of 14.96, a PEG ratio of 3.30 and a beta of 1.53. The stock’s fifty day moving average is $11.69 and its 200 day moving average is $10.91.

Ford Motor (NYSE:F) last issued its quarterly 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 return on equity of 12.46% and a net margin of 1.70%.The company had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter last year, the business earned $0.47 earnings per share. Ford Motor’s revenue was up 5.0% on a year-over-year basis. Sell-side analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is currently 76.92%.

Analyst Ratings Changes

A number of research analysts recently commented on F shares. JPMorgan Chase & Co. upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their price target for the company from $9.00 to $12.00 in a research note on Monday, October 6th. The Goldman Sachs Group increased their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $11.04.

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.