Ford Motor Company $F Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its holdings in Ford Motor Company (NYSE:F) by 112.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,915 shares of the auto manufacturer’s stock after buying an additional 4,193 shares during the period. TD Private Client Wealth LLC’s holdings in Ford Motor were worth $86,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Mather Group LLC. boosted its holdings in shares of Ford Motor by 42.5% in the 2nd quarter. Mather Group LLC. now owns 18,438 shares of the auto manufacturer’s stock valued at $200,000 after buying an additional 5,498 shares during the period. Financial Management Professionals Inc. boosted its holdings in shares of Ford Motor by 1,384.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 8,685 shares of the auto manufacturer’s stock valued at $94,000 after buying an additional 8,100 shares during the period. Ballentine Partners LLC boosted its holdings in shares of Ford Motor by 14.9% in the 2nd quarter. Ballentine Partners LLC now owns 32,709 shares of the auto manufacturer’s stock valued at $355,000 after buying an additional 4,242 shares during the period. Legacy Financial Group LLC boosted its holdings in shares of Ford Motor by 22.8% in the 2nd quarter. Legacy Financial Group LLC now owns 24,599 shares of the auto manufacturer’s stock valued at $267,000 after buying an additional 4,560 shares during the period. Finally, Fifth Third Bancorp lifted its position in Ford Motor by 13.3% in the 2nd quarter. Fifth Third Bancorp now owns 159,519 shares of the auto manufacturer’s stock valued at $1,731,000 after purchasing an additional 18,670 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.7%

NYSE F opened at $12.10 on Tuesday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The company’s 50 day simple moving average is $11.51 and its 200 day simple moving average is $10.77. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.31. The company has a market capitalization of $48.16 billion, a P/E ratio of 15.51, a PEG ratio of 3.45 and a beta of 1.52.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the firm earned $0.47 EPS. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. Equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is presently 76.92%.

Analyst Upgrades and Downgrades

F has been the topic of several recent research reports. UBS Group lifted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. Jefferies Financial Group lifted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research report on Monday, August 11th. Royal Bank Of Canada lifted their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 5th. Piper Sandler lifted their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Reduce” and a consensus price target of $10.57.

About Ford Motor

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.