Portfolio Design Labs LLC Has $564,000 Stake in Ford Motor Company $F

Portfolio Design Labs LLC lowered its stake in Ford Motor Company (NYSE:F) by 72.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,593 shares of the auto manufacturer’s stock after selling 109,107 shares during the quarter. Portfolio Design Labs LLC’s holdings in Ford Motor were worth $564,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of F. Maripau Wealth Management LLC increased its stake in Ford Motor by 1.6% in the first quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after purchasing an additional 749 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after purchasing an additional 756 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in shares of Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 761 shares in the last quarter. Southern Financial Group LLC grew its stake in shares of Ford Motor by 2.3% in the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after buying an additional 776 shares during the period. Finally, Activest Wealth Management grew its stake in shares of Ford Motor by 35.3% in the 4th quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock valued at $40,000 after buying an additional 794 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 3.7%

F opened at $13.97 on Friday. 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 company’s 50-day moving average is $14.13 and its 200 day moving average is $13.50. Ford Motor Company has a fifty-two week low of $11.11 and a fifty-two week high of $17.78. The firm has a market capitalization of $55.71 billion, a P/E ratio of -7.47, a PEG ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.37 EPS. Research analysts expect that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s payout ratio is presently -32.09%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on F. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. The Goldman Sachs Group raised their price objective on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Royal Bank Of Canada boosted their price objective on Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a report on Wednesday, July 29th. Piper Sandler upped their target price on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.68.

Ford Motor Company 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.