Global Retirement Partners LLC Boosts Stock Position in Ford Motor Company $F

Global Retirement Partners LLC increased its stake in Ford Motor Company (NYSE:F) by 81.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 118,660 shares of the auto manufacturer’s stock after buying an additional 53,093 shares during the period. Global Retirement Partners LLC’s holdings in Ford Motor were worth $1,557,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Grove Bank & Trust boosted its stake in Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares during the last quarter. Olistico Wealth LLC purchased a new stake in Ford Motor during the 4th quarter valued at $26,000. Johnson Financial Group Inc. boosted its stake in Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in Ford Motor during the 4th quarter valued at $29,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Ford Motor during the 3rd quarter valued at $32,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

NYSE:F opened at $14.93 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The business’s 50-day simple moving average is $12.29 and its two-hundred day simple moving average is $13.03. The stock has a market cap of $59.47 billion, a PE ratio of -9.63, a P/E/G ratio of 0.33 and a beta of 1.65. Ford Motor Company has a 52 week low of $9.88 and a 52 week high of $14.95.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. As a group, analysts forecast that Ford Motor Company will post 1.6 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

Analyst Ratings Changes

Several analysts have commented on F shares. Bank of America started coverage on Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 target price on the stock. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. TD Cowen cut their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. The Goldman Sachs Group dropped their price target on Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.56.

Ford Motor Company Profile

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.