Jefferies Financial Group Inc. Raises Position in Ford Motor Company $F

Jefferies Financial Group Inc. raised its holdings in shares of Ford Motor Company (NYSE:F) by 499.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 238,427 shares of the auto manufacturer’s stock after buying an additional 198,652 shares during the period. Jefferies Financial Group Inc.’s holdings in Ford Motor were worth $3,314,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. MV Capital Management Inc. bought a new position in Ford Motor during the 4th quarter worth approximately $25,000. McMillan Office Inc. bought a new stake in Ford Motor in the fourth quarter valued at approximately $26,000. Legacy Wealth Managment LLC ID boosted its stake in shares of Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares during the period. Johnson Financial Group Inc. grew its holdings in shares of Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the last quarter. Finally, Caldwell Trust Co increased its stake in shares of Ford Motor by 605.8% in the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 2,175 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 0.4%

NYSE F opened at $13.89 on Friday. The stock’s 50 day moving average is $14.09 and its 200 day moving average is $13.52. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $55.39 billion, a PE ratio of -7.43, a P/E/G ratio of 0.29 and a beta of 1.82. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78.

Ford Motor (NYSE:F) last announced its earnings results 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 analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.37 EPS. Research analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target on the stock in a report on Friday, July 31st. TD Cowen increased their price objective on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Morgan Stanley reiterated an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, UBS Group upped their target price on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a report on Monday, June 8th. Eight research 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.