Plancorp LLC Boosts Holdings in Ford Motor (NYSE:F)

Plancorp LLC raised its stake in Ford Motor (NYSE:F) by 18.7% during the second quarter, Holdings Channel reports. The fund owned 15,091 shares of the auto manufacturer’s stock after buying an additional 2,375 shares during the period. Plancorp LLC’s holdings in Ford Motor were worth $189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of F. Pinnacle Associates Ltd. increased its holdings in Ford Motor by 2.6% in the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock worth $432,000 after acquiring an additional 817 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Ford Motor by 29.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after purchasing an additional 828 shares in the last quarter. Legacy Wealth Asset Management LLC increased its stake in shares of Ford Motor by 1.7% in the first quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after purchasing an additional 836 shares in the last quarter. Insight Wealth Partners LLC raised its position in shares of Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after purchasing an additional 843 shares during the period. Finally, Pallas Capital Advisors LLC lifted its stake in shares of Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after buying an additional 846 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on F. Sanford C. Bernstein assumed coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. Wells Fargo & Company reduced their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.95.

Ford Motor Trading Up 1.0 %

Shares of Ford Motor stock opened at $10.91 on Wednesday. The company has a 50 day simple moving average of $11.39 and a two-hundred day simple moving average of $12.07. The firm has a market cap of $43.54 billion, a PE ratio of 11.24, a PEG 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. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 earnings per share. Analysts expect that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.50%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Ford Motor Company Profile

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.