4,771 Shares in Ford Motor (NYSE:F) Acquired by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC bought a new stake in shares of Ford Motor (NYSE:F) during the 2nd quarter, Holdings Channel reports. The firm bought 4,771 shares of the auto manufacturer’s stock, valued at approximately $60,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the second quarter valued at approximately $25,000. Fortis Group Advisors LLC lifted its holdings in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares during the period. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at $27,000. Financial Synergies Wealth Advisors Inc. boosted its stake in 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 buying an additional 1,938 shares in the last quarter. Finally, Fairman Group LLC acquired a new position in Ford Motor during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

F has been the subject of a number of research analyst reports. Citigroup raised their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Royal Bank of Canada lowered their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Finally, Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.48.

Ford Motor Stock Down 0.3 %

NYSE F traded down $0.04 on Tuesday, reaching $10.69. The stock had a trading volume of 32,419,176 shares, compared to its average volume of 54,744,820. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The business has a 50 day moving average price of $11.99 and a 200 day moving average price of $12.29. The company has a market capitalization of $42.66 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of 0.75 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same period in the previous year, the firm posted $0.72 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, analysts forecast that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.62%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

About Ford Motor

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.