Greystone Financial Group LLC Grows Stock Position in Ford Motor (NYSE:F)

Greystone Financial Group LLC boosted its stake in shares of Ford Motor (NYSE:F) by 56.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 633,751 shares of the auto manufacturer’s stock after purchasing an additional 229,442 shares during the quarter. Ford Motor makes up 1.6% of Greystone Financial Group LLC’s investment portfolio, making the stock its 27th biggest holding. Greystone Financial Group LLC’s holdings in Ford Motor were worth $7,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Olistico Wealth LLC purchased a new stake in Ford Motor during the 2nd quarter worth about $25,000. Fortis Group Advisors LLC raised its position in shares of Ford Motor by 100.0% during 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. Family Firm Inc. purchased a new stake in Ford Motor during the second quarter worth approximately $26,000. Voisard Asset Management Group Inc. acquired a new position in Ford Motor in the fourth quarter valued at approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its stake in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

F stock traded down $0.19 during trading on Friday, hitting $10.58. 47,508,883 shares of the company’s stock traded hands, compared to its average volume of 54,311,559. The stock has a market capitalization of $42.24 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 0.81 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The stock has a fifty day moving average price of $11.70 and a two-hundred day moving average price of $12.15. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last announced its quarterly 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). The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.72 EPS. As a group, equities analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.67%. Ford Motor’s dividend payout ratio is presently 61.86%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wolfe Research started coverage on shares of Ford Motor in a report on Thursday. They set a “peer perform” rating for the company. The Goldman Sachs Group lowered their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 25th. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Barclays lowered their price objective 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. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.48.

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.