Ford Motor (NYSE:F) Position Boosted by Greystone Financial Group LLC

Greystone Financial Group LLC increased its holdings in Ford Motor (NYSE:F) by 56.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 633,751 shares of the auto manufacturer’s stock after purchasing an additional 229,442 shares during the quarter. Ford Motor accounts for 1.6% of Greystone Financial Group LLC’s holdings, making the stock its 27th biggest position. Greystone Financial Group LLC’s holdings in Ford Motor were worth $7,947,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Olistico Wealth LLC acquired a new position in Ford Motor in the second quarter worth approximately $25,000. Fortis Group Advisors LLC boosted its stake in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares in the last quarter. Family Firm Inc. acquired a new position in shares of Ford Motor in the 2nd quarter worth $26,000. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor during the fourth quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 1.8 %

NYSE:F traded down $0.19 during mid-day trading on Friday, reaching $10.58. The stock had a trading volume of 47,508,883 shares, compared to its average volume of 54,311,559. The stock has a market cap of $42.24 billion, a P/E ratio of 10.91, a PEG ratio of 0.81 and a beta of 1.62. The business’s 50 day moving average is $11.70 and its 200 day moving average is $12.15. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The business had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 EPS. As a group, sell-side analysts predict that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on F shares. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays cut their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Sanford C. Bernstein assumed coverage on shares of Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective for the company. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday. They set a “peer perform” rating on the stock. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $13.48.

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.