Strategic Investment Solutions Inc. IL Acquires Shares of 10,594 Ford Motor (NYSE:F)

Strategic Investment Solutions Inc. IL bought a new stake in Ford Motor (NYSE:F) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,594 shares of the auto manufacturer’s stock, valued at approximately $124,000.

A number of other institutional investors have also modified their holdings of F. Olistico Wealth LLC purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $25,000. Fortis Group Advisors LLC grew its holdings in Ford Motor by 100.0% during the fourth 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 during the period. Family Firm Inc. purchased a new position in Ford Motor in the second quarter worth $26,000. Voisard Asset Management Group Inc. acquired a new stake in Ford Motor in the fourth quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its position in shares of Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on F shares. Barclays cut their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating for the company. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $12.72.

Ford Motor Stock Performance

NYSE:F opened at $10.48 on Thursday. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm has a market cap of $41.84 billion, a PE ratio of 10.80, a P/E/G ratio of 0.79 and a beta of 1.62. The firm has a 50 day simple moving average of $10.67 and a 200-day simple moving average of $11.95. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.73%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.