180 Wealth Advisors LLC Acquires 6,767 Shares of Ford Motor (NYSE:F)

180 Wealth Advisors LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 15.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,147 shares of the auto manufacturer’s stock after purchasing an additional 6,767 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Ford Motor were worth $679,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of F. Norges Bank purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $475,899,000. Coatue Management LLC purchased a new stake in Ford Motor in the fourth quarter worth $149,152,000. Newport Trust Company LLC lifted its position in shares of Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after purchasing an additional 3,522,965 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in Ford Motor by 1,084.8% in the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after buying an additional 2,469,344 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 1.0 %

NYSE:F traded up $0.12 during mid-day trading on Thursday, hitting $12.23. 48,012,941 shares of the company’s stock traded hands, compared to its average volume of 51,089,191. The company has a fifty day moving average of $12.19 and a 200 day moving average of $12.22. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a market capitalization of $48.83 billion, a P/E ratio of 12.66, a P/E/G ratio of 0.78 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter last year, the firm posted $0.63 EPS. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts forecast that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.91%. Ford Motor’s payout ratio is presently 61.86%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on F shares. Piper Sandler assumed coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. Citigroup lifted their target price on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. UBS Group increased their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Barclays lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Sanford C. Bernstein assumed coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.89.

Insider Activity at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

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.