Cromwell Holdings LLC Purchases 4,739 Shares of Ford Motor Company $F

Cromwell Holdings LLC lifted its position in shares of Ford Motor Company (NYSE:F) by 53.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 13,561 shares of the auto manufacturer’s stock after buying an additional 4,739 shares during the quarter. Cromwell Holdings LLC’s holdings in Ford Motor were worth $147,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Grove Bank & Trust grew its position in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,882 shares during the period. Elite Financial Inc. bought a new stake in Ford Motor in the 1st quarter worth approximately $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor in the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new stake in Ford Motor in the 1st quarter worth approximately $30,000. Finally, WPG Advisers LLC bought a new stake in Ford Motor in the 1st quarter worth approximately $33,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.4%

F opened at $12.22 on Friday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.43. The firm’s fifty day moving average is $11.56 and its 200 day moving average is $10.80. The stock has a market cap of $48.61 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 3.53 and a beta of 1.53.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is currently 76.92%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on F shares. Royal Bank Of Canada lifted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. UBS Group lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Jefferies Financial Group lifted their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research note on Monday, August 11th. Finally, Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Reduce” and an average target price 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.