Liberty Square Wealth Partners LLC reduced its position in Ford Motor Company (NYSE:F – Free Report) by 9.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 10,802 shares of the auto manufacturer’s stock after selling 1,100 shares during the period. Liberty Square Wealth Partners LLC’s holdings in Ford Motor were worth $117,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new stake in Ford Motor in the 2nd quarter valued at about $25,000. Elite Financial Inc. acquired a new stake in Ford Motor during the first quarter worth approximately $27,000. Olde Wealth Management LLC acquired a new stake in Ford Motor during the first quarter worth approximately $28,000. MorganRosel Wealth Management LLC acquired a new stake in Ford Motor during the first quarter worth approximately $30,000. Finally, WPG Advisers LLC acquired a new stake in Ford Motor during the first quarter worth approximately $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Wells Fargo & Company raised their price objective on shares of Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, October 3rd. The Goldman Sachs Group raised their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Finally, Piper Sandler lifted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.04.
Ford Motor Stock Up 1.6%
NYSE F opened at $11.93 on Monday. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.80. The company has a 50 day moving average of $11.72 and a 200-day moving average of $10.95. The company has a market cap of $47.46 billion, a price-to-earnings ratio of 15.29, a PEG ratio of 3.47 and a beta of 1.53.
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings results 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. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the business earned $0.47 earnings per share. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is 76.92%.
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.
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