HBK Sorce Advisory LLC Grows Position in Ford Motor Company $F

by · The Cerbat Gem

HBK Sorce Advisory LLC lifted its holdings in shares of Ford Motor Company (NYSE:F – Free Report) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,608 shares of the auto manufacturer’s stock after buying an additional 1,187 shares during the period. HBK Sorce Advisory LLC’s holdings in Ford Motor were worth $386,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of F. Aurora Private Wealth Inc. purchased a new stake in shares of Ford Motor during the first quarter valued at $106,000. Ameritas Advisory Services LLC boosted its position in shares of Ford Motor by 8.2% during the first quarter. Ameritas Advisory Services LLC now owns 50,011 shares of the auto manufacturer’s stock valued at $499,000 after buying an additional 3,781 shares during the last quarter. Mather Group LLC. boosted its position in shares of Ford Motor by 125.2% during the first quarter. Mather Group LLC. now owns 12,940 shares of the auto manufacturer’s stock valued at $130,000 after buying an additional 7,193 shares during the last quarter. Vontobel Holding Ltd. boosted its position in shares of Ford Motor by 3.6% during the first quarter. Vontobel Holding Ltd. now owns 261,596 shares of the auto manufacturer’s stock valued at $2,624,000 after buying an additional 9,212 shares during the last quarter. Finally, Rossby Financial LCC purchased a new stake in shares of Ford Motor during the first quarter valued at $58,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.5%

F stock opened at $13.13 on Friday. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20. The stock has a market cap of $52.24 billion, a P/E ratio of 11.31, a PEG ratio of 4.03 and a beta of 1.53. The business’s 50-day moving average price is $12.01 and its 200-day moving average price is $11.20.

Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm had revenue of $50.53 billion for the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the previous year, the firm earned $0.49 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. On average, equities research analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s payout ratio is presently 51.72%.

Analysts Set New Price Targets

Several equities research analysts recently commented on F shares. Barclays increased their price objective on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. Royal Bank Of Canada raised their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. raised their target price on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. UBS Group raised their target price on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, The Goldman Sachs Group raised their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.73.

Get Our Latest Analysis on F

Ford Motor Company Profile

(Free Report)

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.

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