LRI Investments LLC Invests $63,000 in Ford Motor (NYSE:F)

LRI Investments LLC acquired a new stake in Ford Motor (NYSE:F) in the 1st quarter, Holdings Channel.com reports. The fund acquired 5,075 shares of the auto manufacturer’s stock, valued at approximately $63,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pinnacle Associates Ltd. increased its stake in shares of Ford Motor by 2.6% in the first quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after buying an additional 817 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its position in Ford Motor by 29.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after purchasing an additional 828 shares during the period. Legacy Wealth Asset Management LLC increased its position in Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock valued at $650,000 after purchasing an additional 836 shares during the period. First United Bank & Trust increased its position in Ford Motor by 5.4% during the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after purchasing an additional 850 shares during the period. Finally, Lee Financial Co increased its position in Ford Motor by 3.6% during the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after purchasing an additional 854 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on F shares. Royal Bank of Canada increased their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. StockNews.com downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday. UBS Group raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. Finally, Citigroup raised their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.95.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.80% of the company’s stock.

Ford Motor Stock Up 0.3 %

Shares of F traded up $0.03 during trading hours on Friday, reaching $11.19. The stock had a trading volume of 79,599,879 shares, compared to its average volume of 64,100,216. Ford Motor has a 12 month low of $9.63 and a 12 month high of $14.85. The firm has a 50-day simple moving average of $12.55 and a 200 day simple moving average of $12.41. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.30. The company has a market capitalization of $44.67 billion, a price-to-earnings ratio of 11.54, a P/E/G ratio of 0.73 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. Ford Motor’s revenue for the quarter was up 6.3% on a year-over-year basis. Equities research analysts predict that Ford Motor will post 1.98 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.36%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 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.