Wealth Alliance Advisory Group LLC Takes Position in Ford Motor (NYSE:F)

Wealth Alliance Advisory Group LLC purchased a new stake in shares of Ford Motor (NYSE:F) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 19,673 shares of the auto manufacturer’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Magnus Financial Group LLC increased its position in Ford Motor by 7.4% in the first quarter. Magnus Financial Group LLC now owns 15,102 shares of the auto manufacturer’s stock worth $133,000 after buying an additional 1,035 shares during the last quarter. Cornerstone Advisors Inc. increased its position in Ford Motor by 38.2% in the first quarter. Cornerstone Advisors Inc. now owns 3,802 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 1,051 shares during the last quarter. Boenning & Scattergood Inc. increased its position in Ford Motor by 6.6% in the first quarter. Boenning & Scattergood Inc. now owns 17,259 shares of the auto manufacturer’s stock worth $152,000 after buying an additional 1,063 shares during the last quarter. Anderson Fisher LLC increased its position in Ford Motor by 5.3% in the first quarter. Anderson Fisher LLC now owns 21,956 shares of the auto manufacturer’s stock worth $193,000 after buying an additional 1,110 shares during the last quarter. Finally, Berman Capital Advisors LLC increased its position in Ford Motor by 46.6% in the first quarter. Berman Capital Advisors LLC now owns 3,553 shares of the auto manufacturer’s stock worth $31,000 after buying an additional 1,130 shares during the last quarter. 52.37% of the stock is owned by institutional investors.

F has been the subject of a number of analyst reports. BMO Capital Markets raised their price target on Ford Motor from $8.50 to $10.00 and gave the stock a “market perform” rating in a report on Monday, May 6th. Citigroup reaffirmed a “reduce” rating on shares of Ford Motor in a report on Wednesday, April 10th. ValuEngine raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Goldman Sachs Group set a $13.00 price target on Ford Motor and gave the stock a “buy” rating in a report on Thursday. Finally, Zacks Investment Research raised Ford Motor from a “hold” rating to a “strong-buy” rating and set a $12.00 price target for the company in a report on Tuesday, April 30th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Ford Motor has an average rating of “Hold” and a consensus target price of $10.54.

In related news, VP Catherine A. O’callaghan sold 53,000 shares of Ford Motor stock in a transaction on Monday, April 29th. The stock was sold at an average price of $10.33, for a total transaction of $547,490.00. Following the completion of the sale, the vice president now owns 48,275 shares of the company’s stock, valued at $498,680.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John C. Lechleiter acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were acquired at an average cost of $10.32 per share, with a total value of $103,200.00. Following the purchase, the director now directly owns 55,000 shares of the company’s stock, valued at approximately $567,600. The disclosure for this purchase can be found here. 0.83% of the stock is currently owned by company insiders.

Shares of Ford Motor stock traded down $0.08 during trading hours on Friday, reaching $9.98. The company had a trading volume of 21,533,768 shares, compared to its average volume of 30,890,774. Ford Motor has a one year low of $7.41 and a one year high of $12.05. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.22 and a quick ratio of 1.10. The firm has a market capitalization of $39.82 billion, a P/E ratio of 7.68, a PEG ratio of 0.99 and a beta of 1.13.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.18. The company had revenue of $40.34 billion during the quarter, compared to analyst estimates of $37.37 billion. Ford Motor had a return on equity of 14.41% and a net margin of 1.94%. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the company earned $0.43 earnings per share. Sell-side analysts expect that Ford Motor will post 1.38 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, April 24th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.01%. The ex-dividend date was Tuesday, April 23rd. Ford Motor’s dividend payout ratio is 46.15%.

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About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

Read More: Systematic Risk

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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