20,026 Shares in Ford Motor (NYSE:F) Acquired by Retirement Investment Advisors Inc.

Retirement Investment Advisors Inc. bought a new position in shares of Ford Motor (NYSE:F) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,026 shares of the auto manufacturer’s stock, valued at approximately $251,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock worth $721,047,000 after buying an additional 3,521,520 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. LSV Asset Management lifted its position in shares of Ford Motor by 1.6% in the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after acquiring an additional 312,496 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Ford Motor by 11.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock worth $163,214,000 after purchasing an additional 1,214,640 shares during the period. Finally, Coatue Management LLC purchased a new position in Ford Motor during the 4th quarter worth approximately $149,152,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $10.92 on Friday. The firm has a market cap of $43.60 billion, a P/E ratio of 11.26, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The stock’s 50-day moving average is $11.29 and its two-hundred day moving average is $12.05. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 company had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. On average, analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Wall Street Analysts Forecast Growth

F has been the subject of several recent analyst reports. Barclays decreased their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. The Goldman Sachs Group decreased their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Morgan Stanley restated an “overweight” rating and set a $16.00 price target on shares of Ford Motor in a report on Thursday, September 12th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target 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.