Ford Motor Company $F Holdings Decreased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC reduced its position in shares of Ford Motor Company (NYSE:F) by 58.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,593 shares of the auto manufacturer’s stock after selling 224,900 shares during the period. United Capital Financial Advisors LLC’s holdings in Ford Motor were worth $2,232,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in F. Norges Bank purchased a new stake in shares of Ford Motor during the 4th quarter worth $674,437,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in Ford Motor in the fourth quarter valued at $1,769,000. TD Asset Management Inc raised its stake in Ford Motor by 11.0% in the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock valued at $25,036,000 after buying an additional 189,310 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Ford Motor by 22.4% in the first quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock valued at $23,095,000 after buying an additional 366,218 shares in the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in Ford Motor during the 2nd quarter worth about $11,492,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on F. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. JPMorgan Chase & Co. boosted their target price on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Piper Sandler upped their price target on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Royal Bank Of Canada increased their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th. Finally, Dbs Bank raised shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.68.

Ford Motor Stock Down 0.4%

Shares of NYSE F opened at $13.89 on Friday. The stock has a market cap of $55.39 billion, a PE ratio of -7.43, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. Ford Motor Company has a 52-week low of $11.11 and a 52-week high of $17.78. The business has a 50-day moving average price of $14.09 and a 200 day moving average price of $13.52.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 EPS. Equities research analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s payout ratio is presently -32.09%.

Ford Motor 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.