Financial Partners Group LLC Has $1.21 Million Stake in Ford Motor (NYSE:F)

Financial Partners Group LLC raised its stake in shares of Ford Motor (NYSE:F) by 6.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,313 shares of the auto manufacturer’s stock after purchasing an additional 5,289 shares during the period. Financial Partners Group LLC’s holdings in Ford Motor were worth $1,213,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Financial Synergies Wealth Advisors Inc. raised its position in shares of Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC raised its position in shares of Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares in the last quarter. Voisard Asset Management Group Inc. bought a new position in shares of Ford Motor in the 4th quarter worth about $27,000. Finally, Bruce G. Allen Investments LLC raised its position in shares of Ford Motor by 71.4% in the 1st quarter. Bruce G. Allen Investments LLC now owns 2,395 shares of the auto manufacturer’s stock worth $32,000 after acquiring an additional 998 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Insider Transactions at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on F shares. Citigroup boosted their target price on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Piper Sandler assumed coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. UBS Group lifted their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Sanford C. Bernstein assumed coverage on Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target for the company. Finally, Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $13.89.

Ford Motor Price Performance

Shares of Ford Motor stock traded up $0.31 during trading on Friday, hitting $12.54. The stock had a trading volume of 65,914,694 shares, compared to its average volume of 43,732,484. The firm has a market cap of $50.06 billion, a price-to-earnings ratio of 12.93, a P/E/G ratio of 0.81 and a beta of 1.61. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The business’s 50-day moving average is $12.21 and its 200 day moving average is $12.24. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company had revenue of $42.78 billion during the quarter, compared to analyst estimates of $42.93 billion. During the same period in the previous year, the business earned $0.63 earnings per share. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ford Motor will post 2.02 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.78%. Ford Motor’s dividend payout ratio is currently 61.86%.

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.