N.E.W. Advisory Services LLC Invests $837,000 in Ford Motor Company $F

N.E.W. Advisory Services LLC bought a new position in shares of Ford Motor Company (NYSE:F) in the second quarter, Holdings Channel reports. The institutional investor bought 60,204 shares of the auto manufacturer’s stock, valued at approximately $837,000.

Other institutional investors have also recently added to or reduced their stakes in the company. MV Capital Management Inc. bought a new stake in Ford Motor during the fourth quarter worth about $25,000. McMillan Office Inc. bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $26,000. Johnson Financial Group Inc. boosted its holdings in shares of Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares in the last quarter. Legacy Wealth Managment LLC ID boosted its holdings in shares of Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,230 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $32,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

F stock opened at $14.36 on Monday. The company has a 50 day moving average price of $14.18 and a 200 day moving average price of $13.50. Ford Motor Company has a fifty-two week low of $11.11 and a fifty-two week high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The stock has a market capitalization of $57.26 billion, a PE ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. Analysts forecast that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is presently -32.09%.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. BNP Paribas Exane raised their price target on Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday, July 30th. Citigroup upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. Bank of America raised their target price on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.68.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.