Founders Financial Alliance LLC Reduces Stock Holdings in Ford Motor (NYSE:F)

Founders Financial Alliance LLC lowered its position in Ford Motor (NYSE:F) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,000 shares of the auto manufacturer’s stock after selling 968 shares during the quarter. Founders Financial Alliance LLC’s holdings in Ford Motor were worth $163,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the second quarter valued at $25,000. Fortis Group Advisors LLC boosted its stake in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares during the last quarter. Family Firm Inc. acquired a new stake in shares of Ford Motor during the second quarter valued at $26,000. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor during the fourth quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its stake in shares of Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 1.8 %

NYSE:F opened at $10.76 on Wednesday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The firm has a market capitalization of $42.94 billion, a P/E ratio of 11.09, a P/E/G ratio of 0.79 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The business has a 50 day simple moving average of $10.73 and a 200 day simple moving average of $11.96.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities research analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.58%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Wall Street Analyst Weigh In

F has been the topic of a number of analyst reports. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $12.00 to $13.00 in a research note on Tuesday. Finally, Royal Bank of Canada decreased their price target on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $12.72.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.