Transcend Capital Advisors LLC Raises Holdings in Ford Motor (NYSE:F)

Transcend Capital Advisors LLC boosted its stake in shares of Ford Motor (NYSE:FGet Rating) by 2.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,358 shares of the auto manufacturer’s stock after purchasing an additional 1,504 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Ford Motor were worth $605,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $3,025,000. GHP Investment Advisors Inc. acquired a new stake in Ford Motor during the 4th quarter valued at $255,000. Williams Jones Wealth Management LLC. grew its holdings in Ford Motor by 39.2% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 108,184 shares of the auto manufacturer’s stock valued at $2,247,000 after buying an additional 30,487 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in Ford Motor by 9.4% during the 4th quarter. Hilltop Holdings Inc. now owns 87,811 shares of the auto manufacturer’s stock valued at $1,824,000 after buying an additional 7,530 shares during the last quarter. Finally, Fiduciary Trust Co. boosted its holdings in shares of Ford Motor by 58.6% during the fourth quarter. Fiduciary Trust Co. now owns 15,964 shares of the auto manufacturer’s stock worth $332,000 after purchasing an additional 5,899 shares during the last quarter. 49.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

F has been the topic of several research reports. StockNews.com raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, September 14th. Nomura raised Ford Motor from a “reduce” rating to a “neutral” rating and set a $12.40 target price on the stock in a research report on Thursday, July 21st. The Goldman Sachs Group dropped their target price on Ford Motor from $18.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 1st. Benchmark dropped their target price on Ford Motor to $23.00 in a research report on Tuesday, August 9th. Finally, TheStreet raised Ford Motor from a “c” rating to a “b-” rating in a report on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $18.28.

Ford Motor Stock Down 12.3 %

Shares of NYSE F opened at $13.09 on Wednesday. Ford Motor has a 12-month low of $10.61 and a 12-month high of $25.87. The firm has a market cap of $52.62 billion, a PE ratio of 4.58, a P/E/G ratio of 0.85 and a beta of 1.29. The company’s fifty day simple moving average is $14.65 and its 200 day simple moving average is $14.32. The company has a quick ratio of 1.00, a current ratio of 1.16 and a debt-to-equity ratio of 1.92.

Ford Motor (NYSE:FGet Rating) last released its quarterly earnings data on Wednesday, July 27th. The auto manufacturer reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.24. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The firm had revenue of $37.91 billion for the quarter, compared to analyst estimates of $35.17 billion. During the same period last year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was up 57.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor will post 2.09 earnings per share for the current fiscal year.

Ford Motor Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Thursday, August 11th were given a $0.15 dividend. This is a positive change from Ford Motor’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, August 10th. This represents a $0.60 annualized dividend and a yield of 4.58%. Ford Motor’s payout ratio is currently 20.98%.

Ford Motor Company Profile

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Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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