48,361 Shares in Ford Motor Company $F Acquired by Occidental Asset Management LLC

Occidental Asset Management LLC bought a new position in shares of Ford Motor Company (NYSE:F) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 48,361 shares of the auto manufacturer’s stock, valued at approximately $672,000.

Other large investors have also recently modified their holdings of the company. MV Capital Management Inc. bought a new stake in shares of Ford Motor in the fourth quarter worth $25,000. McMillan Office Inc. acquired a new position in Ford Motor during the 4th quarter worth about $26,000. Legacy Wealth Managment LLC ID lifted its holdings in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares during the period. Johnson Financial Group Inc. grew its position 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 valued at $28,000 after buying an additional 837 shares during the last quarter. Finally, Caldwell Trust Co grew its position in shares of Ford Motor by 605.8% in the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 2,175 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 2.1%

NYSE F opened at $14.07 on Tuesday. The stock has a market capitalization of $56.11 billion, a P/E ratio of -7.52, a P/E/G ratio of 0.30 and a beta of 1.82. The business has a 50 day simple moving average of $14.16 and a 200 day simple moving average of $13.50. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. Ford Motor Company has a one year low of $11.11 and a one year high of $17.78.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company’s revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 earnings per share. Research analysts expect that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.15 per share. 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%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada raised their price objective on Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 29th. UBS Group increased their target price on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. TD Cowen boosted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group upped their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has an average 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.