21,989 Shares in Ford Motor (NYSE:F) Purchased by Hill Island Financial LLC

Hill Island Financial LLC acquired a new stake in Ford Motor (NYSE:F) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 21,989 shares of the auto manufacturer’s stock, valued at approximately $276,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the second quarter worth $25,000. Fortis Group Advisors LLC increased its stake in Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the period. Family Firm Inc. bought a new stake in Ford Motor during the 2nd quarter valued at about $26,000. Voisard Asset Management Group Inc. purchased a new stake in Ford Motor in the 4th quarter valued at about $27,000. Finally, Financial Synergies Wealth Advisors Inc. grew its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $10.80 on Tuesday. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The business has a fifty day moving average of $11.43 and a 200 day moving average of $12.08. The firm has a market capitalization of $43.12 billion, a price-to-earnings ratio of 11.13, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $47.79 billion. During the same quarter in the prior year, the company earned $0.72 EPS. Ford Motor’s quarterly revenue was up 6.3% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on F shares. Barclays dropped their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Royal Bank of Canada cut 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. Morgan Stanley reiterated an “overweight” rating and set a $16.00 price objective on shares of Ford Motor in a research note on Thursday, September 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $12.95.

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.