Keudell Morrison Wealth Management Reduces Stock Position in Ford Motor Company $F

Keudell Morrison Wealth Management trimmed its position in Ford Motor Company (NYSE:F) by 14.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,709 shares of the auto manufacturer’s stock after selling 2,100 shares during the quarter. Keudell Morrison Wealth Management’s holdings in Ford Motor were worth $138,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of F. Beacon Financial Advisory LLC increased its holdings in Ford Motor by 7.4% in the 2nd quarter. Beacon Financial Advisory LLC now owns 20,812 shares of the auto manufacturer’s stock worth $226,000 after buying an additional 1,434 shares during the period. OLD National Bancorp IN increased its stake in shares of Ford Motor by 16.2% in the second quarter. OLD National Bancorp IN now owns 795,527 shares of the auto manufacturer’s stock worth $8,631,000 after acquiring an additional 110,642 shares during the period. Olistico Wealth LLC lifted its position in Ford Motor by 75.0% during the second quarter. Olistico Wealth LLC now owns 3,500 shares of the auto manufacturer’s stock valued at $38,000 after purchasing an additional 1,500 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in Ford Motor by 41.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 53,144 shares of the auto manufacturer’s stock valued at $577,000 after purchasing an additional 15,666 shares during the last quarter. Finally, Firethorn Wealth Partners LLC acquired a new stake in Ford Motor during the 2nd quarter worth about $245,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 3.6%

Shares of F stock opened at $12.66 on Monday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.67. The company has a market cap of $50.39 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 3.64 and a beta of 1.53. 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 stock has a 50 day simple moving average of $11.58 and a 200-day simple moving average of $10.83.

Ford Motor (NYSE:F) last released 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 firm had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS. On average, equities research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared 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. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio is 76.92%.

Analyst Ratings Changes

F has been the topic of a number of recent research reports. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Jefferies Financial Group boosted their price target on Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a report on Monday, August 11th. The Goldman Sachs Group upped their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. UBS Group lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $10.71.

Ford Motor 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.