Advisors Capital Management LLC Has $126,000 Stock Holdings in Ford Motor Company $F

Advisors Capital Management LLC boosted its stake in shares of Ford Motor Company (NYSE:F) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,543 shares of the auto manufacturer’s stock after purchasing an additional 1,100 shares during the period. Advisors Capital Management LLC’s holdings in Ford Motor were worth $126,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Tounjian Advisory Partners LLC bought a new stake in Ford Motor in the first quarter valued at approximately $974,000. FORA Capital LLC bought a new stake in Ford Motor in the first quarter valued at approximately $7,398,000. Generali Investments CEE investicni spolecnost a.s. raised its stake in Ford Motor by 25.0% in the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock valued at $3,009,000 after buying an additional 60,000 shares during the period. Teza Capital Management LLC bought a new stake in Ford Motor in the first quarter valued at approximately $465,000. Finally, Quantitative Investment Management LLC bought a new stake in Ford Motor in the first quarter valued at approximately $2,373,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of F stock opened at $11.68 on Friday. The firm has a market capitalization of $46.48 billion, a PE ratio of 14.97, a price-to-earnings-growth ratio of 3.38 and a beta of 1.52. The firm has a fifty day simple moving average of $11.47 and a two-hundred day simple moving average of $10.59. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $11.99.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. Ford Motor’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 EPS. Analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is 76.92%.

Analysts Set New Price Targets

Several research firms have issued reports on F. Jefferies Financial Group upped their price objective on Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research note on Monday, August 11th. Royal Bank Of Canada upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Barclays increased their target price on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 16th. Finally, Piper Sandler increased their target price on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Reduce” and a consensus target price of $10.53.

Insider Buying and Selling

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.48% of the company’s stock.

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.