Brighton Jones LLC Raises Stock Holdings in Ford Motor (NYSE:F)

Brighton Jones LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 4.5% during the second quarter, HoldingsChannel.com reports. The firm owned 26,856 shares of the auto manufacturer’s stock after purchasing an additional 1,145 shares during the period. Brighton Jones LLC’s holdings in Ford Motor were worth $337,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of F. Gilbert & Cook Inc. boosted its position in Ford Motor by 4.1% during the fourth quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock worth $569,000 after purchasing an additional 1,836 shares in the last quarter. Aveo Capital Partners LLC lifted its position in shares of Ford Motor by 6.9% in the fourth quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock valued at $255,000 after acquiring an additional 1,352 shares in the last quarter. Gryphon Financial Partners LLC lifted its position in shares of Ford Motor by 4.0% in the fourth quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock valued at $334,000 after acquiring an additional 1,002 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Ford Motor by 10.4% in the fourth quarter. Brown Advisory Inc. now owns 67,973 shares of the auto manufacturer’s stock valued at $829,000 after acquiring an additional 6,393 shares in the last quarter. Finally, SageView Advisory Group LLC lifted its position in shares of Ford Motor by 42.2% in the fourth quarter. SageView Advisory Group LLC now owns 69,882 shares of the auto manufacturer’s stock valued at $823,000 after acquiring an additional 20,726 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $10.88 on Monday. The business has a fifty day moving average of $11.23 and a two-hundred day moving average of $12.03. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The stock has a market cap of $43.44 billion, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same period last year, the business earned $0.72 EPS. Ford Motor’s revenue was up 6.3% compared to the same quarter last year. As a group, research analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.51%. Ford Motor’s payout ratio is presently 61.86%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada decreased their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Morgan Stanley restated an “overweight” rating and issued a $16.00 target price on shares of Ford Motor in a research report on Thursday, September 12th. Wells Fargo & Company reduced their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Finally, Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.95.

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.