Ford Motor (NYSE:F) Shares Purchased by Advance Capital Management Inc.

Advance Capital Management Inc. increased its stake in shares of Ford Motor (NYSE:F) by 11.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 52,363 shares of the auto manufacturer’s stock after purchasing an additional 5,426 shares during the period. 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 hedge funds have also recently modified their holdings of F. Tanglewood Legacy Advisors LLC acquired a new stake in shares of Ford Motor during the first quarter worth $25,000. Boulder Wealth Advisors LLC purchased a new position in Ford Motor in the fourth quarter worth $27,000. Milestone Investment Advisors LLC purchased a new position in Ford Motor in the first quarter worth $27,000. Ridgewood Investments LLC purchased a new position in Ford Motor in the first quarter worth $28,000. Finally, Core Alternative Capital raised its position in Ford Motor by 66.4% in the first quarter. Core Alternative Capital now owns 2,284 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 911 shares in the last quarter. 52.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Friday, July 14th. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research report on Wednesday, August 30th. StockNews.com began coverage on Ford Motor in a research report on Thursday, August 17th. They issued a “hold” rating for the company. UBS Group began coverage on Ford Motor in a research report on Tuesday. They issued a “buy” rating and a $15.00 price target for the company. Finally, Barclays raised their price target on Ford Motor from $13.00 to $14.00 in a research report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $14.50.

Ford Motor Stock Up 1.5 %

Shares of NYSE:F opened at $12.64 on Thursday. The stock’s 50-day moving average price is $13.05 and its two-hundred day moving average price is $12.73. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.15. Ford Motor has a 12-month low of $10.90 and a 12-month high of $15.42. The firm has a market cap of $50.59 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 0.81 and a beta of 1.61.

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

Ford Motor Announces Dividend

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