RWQ Financial Management Services Inc. Invests $2.72 Million in Ford Motor (NYSE:F)

RWQ Financial Management Services Inc. bought a new stake in Ford Motor (NYSE:F) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 180,050 shares of the auto manufacturer’s stock, valued at approximately $2,724,000. Ford Motor makes up 2.4% of RWQ Financial Management Services Inc.’s holdings, making the stock its 17th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Paradigm Financial Partners LLC boosted its position in Ford Motor by 1.7% in the second quarter. Paradigm Financial Partners LLC now owns 42,821 shares of the auto manufacturer’s stock worth $648,000 after purchasing an additional 717 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of Ford Motor by 0.7% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 111,091 shares of the auto manufacturer’s stock worth $1,681,000 after buying an additional 746 shares during the last quarter. HF Advisory Group LLC grew its position in Ford Motor by 4.9% during the second quarter. HF Advisory Group LLC now owns 16,162 shares of the auto manufacturer’s stock valued at $245,000 after buying an additional 749 shares during the period. Aveo Capital Partners LLC increased its holdings in Ford Motor by 4.0% during the second quarter. Aveo Capital Partners LLC now owns 20,519 shares of the auto manufacturer’s stock worth $310,000 after buying an additional 784 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its position in Ford Motor by 1.9% in the second quarter. Tempus Wealth Planning LLC now owns 43,304 shares of the auto manufacturer’s stock worth $655,000 after acquiring an additional 806 shares during the period. 52.73% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of F traded up $0.06 on Monday, reaching $10.33. The company’s stock had a trading volume of 10,276,868 shares, compared to its average volume of 58,855,418. The stock’s 50 day simple moving average is $11.47 and its two-hundred day simple moving average is $12.49. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.21 and a quick ratio of 1.03. The stock has a market capitalization of $41.35 billion, a P/E ratio of 6.71, a PEG ratio of 0.91 and a beta of 1.68. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 26th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). Ford Motor had a return on equity of 21.01% and a net margin of 3.54%. The firm had revenue of $43.80 billion during the quarter, compared to analysts’ expectations of $43.94 billion. During the same period in the prior year, the company posted $0.30 earnings per share. The company’s revenue was up 17.8% compared to the same quarter last year. Research analysts forecast that Ford Motor will post 1.92 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 1st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend is Tuesday, October 31st. Ford Motor’s dividend payout ratio is currently 39.22%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on F shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a research report on Wednesday, August 30th. 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 note on Tuesday, August 1st. StockNews.com assumed coverage on shares of Ford Motor in a research report on Thursday, October 5th. They set a “hold” rating for the company. Barclays upgraded shares of Ford Motor from an “equal weight” rating to an “overweight” rating and set a $14.00 target price for the company in a research note on Wednesday, November 1st. Finally, Jefferies Financial Group cut shares of Ford Motor from a “buy” rating to a “hold” rating and dropped their price target for the company from $17.00 to $15.00 in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $14.42.

About Ford Motor

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.