ICA Group Wealth Management LLC Has $93,000 Holdings in Ford Motor (NYSE:F)

ICA Group Wealth Management LLC decreased its stake in Ford Motor (NYSE:F) by 69.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,408 shares of the auto manufacturer’s stock after selling 16,787 shares during the period. ICA Group Wealth Management LLC’s holdings in Ford Motor were worth $93,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $25,000. Fortis Group Advisors LLC raised its position in Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares during the last quarter. Family Firm Inc. acquired a new position in Ford Motor in the second quarter worth $26,000. Voisard Asset Management Group Inc. bought a new stake in shares of Ford Motor during the fourth quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its stake in shares of 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 buying an additional 1,938 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Up 0.7 %

Shares of NYSE:F opened at $10.69 on Monday. The company has a 50 day moving average price of $11.47 and a two-hundred day moving average price of $12.09. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The company has a market capitalization of $42.50 billion, a PE ratio of 11.02, a PEG ratio of 0.76 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm 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%. Ford Motor’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. Analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.61%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Morgan Stanley reiterated an “overweight” rating and set a $16.00 target price on shares of Ford Motor in a research report on Thursday. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Finally, Barclays dropped 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. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.95.

Ford Motor 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.