Arvest Bank Trust Division Acquires 39,591 Shares of Ford Motor Company $F

Arvest Bank Trust Division grew its holdings in Ford Motor Company (NYSE:F) by 50.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,917 shares of the auto manufacturer’s stock after acquiring an additional 39,591 shares during the quarter. Arvest Bank Trust Division’s holdings in Ford Motor were worth $1,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Caxton Associates LLP bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $304,000. Empowered Funds LLC lifted its position in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after purchasing an additional 43,385 shares during the period. Nordea Investment Management AB boosted its stake in Ford Motor by 4.3% during the second quarter. Nordea Investment Management AB now owns 331,080 shares of the auto manufacturer’s stock worth $3,554,000 after buying an additional 13,721 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in Ford Motor by 19.7% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 178,276 shares of the auto manufacturer’s stock valued at $1,934,000 after buying an additional 29,376 shares during the period. Finally, Koshinski Asset Management Inc. raised its stake in shares of Ford Motor by 5.0% in the 2nd quarter. Koshinski Asset Management Inc. now owns 57,419 shares of the auto manufacturer’s stock valued at $623,000 after buying an additional 2,741 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

F has been the subject of several recent research reports. Citigroup increased their price target on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research report on Wednesday, February 11th. JPMorgan Chase & Co. upped their price target on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Finally, Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $11.00 to $16.00 in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.02.

Ford Motor Price Performance

F stock opened at $14.10 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. The firm has a market cap of $56.16 billion, a price-to-earnings ratio of -6.84, a PEG ratio of 0.34 and a beta of 1.66. The company’s fifty day simple moving average is $13.64 and its 200 day simple moving average is $12.70. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.50.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The firm had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The business’s revenue was down 4.8% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. On average, analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th 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 Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

About Ford Motor

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.