Saxon Interests Inc. Has $302,000 Holdings in Ford Motor (NYSE:F)

Saxon Interests Inc. raised its stake in Ford Motor (NYSE:F) by 28.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,986 shares of the auto manufacturer’s stock after acquiring an additional 4,462 shares during the period. Saxon Interests Inc.’s holdings in Ford Motor were worth $302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Capital Investment Advisory Services LLC raised its stake in shares of Ford Motor by 88.4% in the first quarter. Capital Investment Advisory Services LLC now owns 69,826 shares of the auto manufacturer’s stock worth $880,000 after acquiring an additional 32,772 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Ford Motor by 46.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 291,643 shares of the auto manufacturer’s stock worth $3,392,000 after buying an additional 92,651 shares in the last quarter. Benjamin Edwards Inc. boosted its position in Ford Motor by 31.0% in the 1st quarter. Benjamin Edwards Inc. now owns 18,259 shares of the auto manufacturer’s stock valued at $230,000 after buying an additional 4,321 shares during the last quarter. Kennedy Investment Group raised its position in shares of Ford Motor by 3.2% during the first quarter. Kennedy Investment Group now owns 39,840 shares of the auto manufacturer’s stock worth $502,000 after acquiring an additional 1,217 shares during the last quarter. Finally, Financial Counselors Inc. boosted its holdings in Ford Motor by 6.9% in the first quarter. Financial Counselors Inc. now owns 724,673 shares of the auto manufacturer’s stock valued at $9,131,000 after acquiring an additional 46,595 shares during the last quarter. 52.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of a number of analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $16.00 price target on shares of Ford Motor in a research report on Tuesday, August 1st. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Friday, July 28th. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a research note on Wednesday, August 30th. Citigroup increased their price target on Ford Motor from $16.00 to $17.00 in a report on Wednesday, July 12th. Finally, Daiwa Capital Markets boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.50.

Ford Motor Stock Up 1.6 %

Shares of F stock traded up $0.20 during trading on Tuesday, reaching $12.54. The company’s stock had a trading volume of 18,107,688 shares, compared to its average volume of 59,949,801. The company has a market cap of $50.19 billion, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 0.86 and a beta of 1.61. Ford Motor has a one year low of $10.90 and a one year high of $15.42. The business has a fifty day moving average price of $12.91 and a 200-day moving average price of $12.74. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 2.15.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, July 27th. The auto manufacturer reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.21. The company had revenue of $44.95 billion during 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 company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. Analysts anticipate that Ford Motor will post 2.11 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, July 25th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date 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.