Advance Capital Management Inc. Boosts Holdings in Ford Motor (NYSE:F)

Advance Capital Management Inc. lifted its stake in Ford Motor (NYSE:F) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,363 shares of the auto manufacturer’s stock after purchasing an additional 5,426 shares during the quarter. Advance Capital Management Inc.’s holdings in Ford Motor were worth $792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. RB Capital Management LLC increased its holdings in Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after buying an additional 3,477 shares in the last quarter. Fairfield Bush & CO. bought a new stake in Ford Motor in the 1st quarter worth about $37,000. Synovus Financial Corp increased its holdings in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock worth $1,886,000 after buying an additional 81,783 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after purchasing an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board grew its stake in shares of Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after purchasing an additional 16,498 shares during the period. Hedge funds and other institutional investors own 52.73% of the company’s stock.

Ford Motor Trading Up 1.5 %

F stock opened at $12.64 on Thursday. The company has a market capitalization of $50.59 billion, a PE ratio of 12.39, a P/E/G ratio of 0.81 and a beta of 1.61. Ford Motor has a 12 month low of $10.90 and a 12 month high of $15.42. The firm’s 50-day moving average is $13.05 and its 200 day moving average is $12.73. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.20 and a quick ratio of 1.03.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, July 27th. The auto manufacturer reported $0.72 EPS for the quarter, topping the consensus estimate of $0.51 by $0.21. The company had revenue of $44.95 billion for the quarter, compared to the consensus estimate of $43.17 billion. Ford Motor had a net margin of 2.44% and a return on equity of 20.48%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 EPS. On average, research analysts anticipate that Ford Motor will post 2.11 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, July 25th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend was Monday, July 24th. Ford Motor’s dividend payout ratio is presently 58.82%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on F. The Goldman Sachs Group boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, July 14th. StockNews.com assumed coverage on Ford Motor in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Daiwa Capital Markets boosted their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, August 1st. Jefferies Financial Group cut Ford Motor from a “buy” rating to a “hold” rating and lowered their price target for the stock from $17.00 to $15.00 in a report on Monday, July 31st. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.50.

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.