Buck Wealth Strategies LLC Raises Stock Holdings in Ford Motor Company $F

Buck Wealth Strategies LLC lifted its holdings in shares of Ford Motor Company (NYSE:F) by 197.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,634 shares of the auto manufacturer’s stock after acquiring an additional 36,275 shares during the period. Buck Wealth Strategies LLC’s holdings in Ford Motor were worth $653,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of F. Corsicana & Co. purchased a new stake in shares of Ford Motor in the third quarter valued at about $25,000. Trust Co. of Toledo NA OH acquired a new position in Ford Motor in the 2nd quarter valued at about $25,000. Salomon & Ludwin LLC raised its stake in Ford Motor by 86.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock valued at $30,000 after acquiring an additional 1,083 shares during the last quarter. Capital A Wealth Management LLC lifted its position in Ford Motor by 990.9% during the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares during the period. Finally, Country Trust Bank purchased a new position in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.81 on Tuesday. The firm has a market capitalization of $55.01 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 5.87 and a beta of 1.66. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The business’s 50 day simple moving average is $13.50 and its 200-day simple moving average is $12.52. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s payout ratio is 51.72%.

Analysts Set New Price Targets

Several research firms have recently commented on F. JPMorgan Chase & Co. upped their price target on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Citigroup upped their price objective 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. Barclays raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, December 27th. Finally, Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the company from $9.00 to $12.00 in a research report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $13.19.

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.