Checchi Capital Advisers LLC Has $365,000 Stake in Ford Motor Company $F

Checchi Capital Advisers LLC reduced its holdings in shares of Ford Motor Company (NYSE:F) by 4.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,669 shares of the auto manufacturer’s stock after selling 1,683 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Ford Motor were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Future Financial Wealth Managment LLC lifted its holdings in Ford Motor by 18.5% during the 2nd quarter. Future Financial Wealth Managment LLC now owns 41,307 shares of the auto manufacturer’s stock valued at $448,000 after purchasing an additional 6,463 shares during the last quarter. QRG Capital Management Inc. raised its position in shares of Ford Motor by 0.9% in the second quarter. QRG Capital Management Inc. now owns 300,465 shares of the auto manufacturer’s stock valued at $3,260,000 after purchasing an additional 2,774 shares during the period. Ascent Group LLC lifted its stake in shares of Ford Motor by 8.9% during the 2nd quarter. Ascent Group LLC now owns 89,875 shares of the auto manufacturer’s stock worth $975,000 after buying an additional 7,329 shares during the last quarter. Abundance Wealth Counselors lifted its stake in shares of Ford Motor by 3.2% during the 2nd quarter. Abundance Wealth Counselors now owns 163,022 shares of the auto manufacturer’s stock worth $1,776,000 after buying an additional 5,103 shares during the last quarter. Finally, Cromwell Holdings LLC boosted its holdings in shares of Ford Motor by 53.7% during the 2nd quarter. Cromwell Holdings LLC now owns 13,561 shares of the auto manufacturer’s stock worth $147,000 after buying an additional 4,739 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.5%

Shares of NYSE:F opened at $12.73 on Tuesday. The business’s 50 day simple moving average is $11.61 and its 200 day simple moving average is $10.85. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.80. 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 has a market capitalization of $50.66 billion, a P/E ratio of 16.32, a P/E/G ratio of 3.64 and a beta of 1.53.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. On average, research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.7%. Ford Motor’s dividend payout ratio is currently 76.92%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on F. Weiss Ratings restated a “hold (c-)” rating on shares of Ford Motor in a research report on Saturday, September 27th. 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. The Goldman Sachs Group boosted their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Monday. Finally, Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $9.00 to $12.00 in a report on Monday. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $11.04.

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.