Stratos Wealth Partners LTD. increased its position in shares of Ford Motor (NYSE:F) by 14.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 228,313 shares of the auto manufacturer’s stock after purchasing an additional 28,061 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Ford Motor were worth $2,530,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in F. Pinnacle Financial Partners Inc. acquired a new stake in shares of Ford Motor during the 1st quarter worth about $113,000. Certified Advisory Corp acquired a new stake in shares of Ford Motor during the 4th quarter worth about $124,000. Cedar Capital LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth about $126,000. Haverford Trust Co. acquired a new stake in shares of Ford Motor during the 1st quarter worth about $127,000. Finally, Clearbridge Investments LLC increased its position in Ford Motor by 91.3% in the 4th quarter. Clearbridge Investments LLC now owns 10,475 shares of the auto manufacturer’s stock valued at $129,000 after acquiring an additional 5,000 shares in the last quarter. Institutional investors and hedge funds own 55.42% of the company’s stock.
Ford Motor stock opened at $11.51 on Friday. Ford Motor has a fifty-two week low of $10.14 and a fifty-two week high of $13.48. The company has a market cap of $46.17 billion, a P/E ratio of 6.47, a PEG ratio of 0.70 and a beta of 1.04. The company has a debt-to-equity ratio of 2.89, a quick ratio of 1.11 and a current ratio of 1.23.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 25th. The auto manufacturer reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.02. Ford Motor had a net margin of 4.86% and a return on equity of 21.31%. The firm had revenue of $41.96 billion for the quarter, compared to analyst estimates of $37.06 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. analysts expect that Ford Motor will post 1.56 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, April 20th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date is Thursday, April 19th. Ford Motor’s payout ratio is currently 33.71%.
F has been the subject of several research reports. Vetr upgraded shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $13.14 price objective for the company in a research report on Friday, January 26th. Nomura lowered their price objective on shares of Ford Motor to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. ValuEngine cut shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Zacks Investment Research upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Thursday, February 15th. Finally, BMO Capital Markets restated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, March 6th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $12.78.
In other news, insider Ashwani Kumar Galhotra sold 31,415 shares of the business’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $10.34, for a total value of $324,831.10. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John C. Lechleiter acquired 5,000 shares of the business’s stock in a transaction dated Friday, May 11th. The stock was acquired at an average cost of $11.17 per share, for a total transaction of $55,850.00. Following the transaction, the director now owns 34,400 shares of the company’s stock, valued at $384,248. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.
Ford Motor Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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