Kennedy Investment Group Increases Position in Ford Motor (NYSE:F)

Kennedy Investment Group boosted its holdings in shares of Ford Motor (NYSE:F) by 3.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,840 shares of the auto manufacturer’s stock after purchasing an additional 1,217 shares during the period. Kennedy Investment Group’s holdings in Ford Motor were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Semmax Financial Advisors Inc. lifted its position in Ford Motor by 78.2% during the fourth quarter. Semmax Financial Advisors Inc. now owns 1,998 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 877 shares during the period. Tanglewood Legacy Advisors LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $25,000. Boulder Wealth Advisors LLC purchased a new stake in shares of Ford Motor during the 4th quarter worth about $27,000. Milestone Investment Advisors LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $27,000. Finally, Ridgewood Investments LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $28,000. 52.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on F. UBS Group began coverage on shares of Ford Motor in a research note on Tuesday. They set a “buy” rating and a $15.00 target price on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, August 30th. Daiwa Capital Markets raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, August 1st. StockNews.com started coverage on shares of Ford Motor in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. Finally, The Goldman Sachs Group raised their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, July 14th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $14.50.

Ford Motor Trading Up 2.7 %

Ford Motor stock traded up $0.33 during trading on Wednesday, hitting $12.78. The company had a trading volume of 35,305,735 shares, compared to its average volume of 60,177,594. Ford Motor has a 1-year low of $10.90 and a 1-year high of $15.42. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.15. The company’s 50 day simple moving average is $13.05 and its 200-day simple moving average is $12.73. The stock has a market cap of $51.15 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.81 and a beta of 1.61.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, July 27th. The auto manufacturer reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.21. The business had revenue of $44.95 billion during the quarter, compared to analysts’ expectations of $43.17 billion. Ford Motor had a net margin of 2.44% and a return on equity of 20.48%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 EPS. As a group, analysts expect that Ford Motor will post 2.11 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, July 25th were given a $0.15 dividend. The ex-dividend date was Monday, July 24th. This represents a $0.60 dividend on an annualized basis and a yield of 4.69%. Ford Motor’s dividend payout ratio (DPR) is presently 58.82%.

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.