Ford Motor Company $F Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management raised its position in Ford Motor Company (NYSE:F) by 860.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 160,458 shares of the auto manufacturer’s stock after buying an additional 143,752 shares during the period. Ritholtz Wealth Management’s holdings in Ford Motor were worth $1,852,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grove Bank & Trust grew its position in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new position in Ford Motor in the 4th quarter worth about $25,000. Olistico Wealth LLC purchased a new position in Ford Motor during the fourth quarter worth approximately $26,000. McMillan Office Inc. purchased a new position in Ford Motor during the fourth quarter worth approximately $26,000. Finally, Johnson Financial Group Inc. boosted its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent analyst reports. Citigroup boosted their price objective on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Bank of America increased their target price on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Wall Street Zen raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. UBS Group upped their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, TD Cowen decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.70.

Ford Motor Stock Performance

Shares of NYSE:F opened at $14.11 on Friday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The business’s 50 day moving average price is $13.88 and its 200-day moving average price is $13.36. The firm has a market capitalization of $56.22 billion, a PE ratio of -9.10, a P/E/G ratio of 0.31 and a beta of 1.79. Ford Motor Company has a 1 year low of $10.68 and a 1 year high of $17.78.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 EPS. As a group, equities research analysts expect that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given 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 was Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

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.