Nwam LLC Acquires 161,639 Shares of Ford Motor Company $F

Nwam LLC increased its holdings in shares of Ford Motor Company (NYSE:F) by 273.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,669 shares of the auto manufacturer’s stock after purchasing an additional 161,639 shares during the quarter. Nwam LLC’s holdings in Ford Motor were worth $3,067,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new position in Ford Motor in the 2nd quarter worth approximately $164,000. Two Sigma Securities LLC bought a new position in Ford Motor in the 2nd quarter worth approximately $1,025,000. Benjamin Edwards Inc. grew its holdings in Ford Motor by 139.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 160,894 shares of the auto manufacturer’s stock valued at $2,236,000 after buying an additional 93,788 shares in the last quarter. Flputnam Investment Management Co. raised its position in shares of Ford Motor by 4.1% during the second quarter. Flputnam Investment Management Co. now owns 168,230 shares of the auto manufacturer’s stock valued at $2,338,000 after buying an additional 6,668 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. raised its position in shares of Ford Motor by 25.1% during the second quarter. Cookson Peirce & Co. Inc. now owns 106,595 shares of the auto manufacturer’s stock valued at $1,482,000 after buying an additional 21,370 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on F. UBS Group boosted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a research report on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $15.68.

Ford Motor Trading Down 0.9%

F stock opened at $13.81 on Wednesday. The firm has a fifty day moving average price of $14.08 and a 200 day moving average price of $13.52. Ford Motor Company has a fifty-two week low of $11.11 and a fifty-two week high of $17.78. The firm has a market cap of $55.07 billion, a PE ratio of -7.38, a price-to-earnings-growth ratio of 0.29 and a beta of 1.83. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09.

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, beating analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Ford Motor’s revenue was down 3.8% on a year-over-year basis. Sell-side analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s dividend payout ratio is currently -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.