Wealth Alliance Advisory Group LLC Has $628,000 Holdings in Ford Motor (NYSE:F)

Wealth Alliance Advisory Group LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 79.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,433 shares of the auto manufacturer’s stock after buying an additional 26,311 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in Ford Motor were worth $628,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the second quarter worth $25,000. Family Firm Inc. bought a new stake in Ford Motor during the second quarter valued at about $26,000. Financial Synergies Wealth Advisors Inc. grew its position 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 purchasing an additional 1,938 shares during the last quarter. Quarry LP bought a new position in shares of Ford Motor in the second quarter worth about $27,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth about $28,000. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Royal Bank of Canada dropped their price target on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Wells Fargo & Company cut their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research report on Tuesday, September 10th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $12.56.

Ford Motor Trading Up 0.3 %

Shares of F opened at $11.10 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The stock has a market cap of $44.31 billion, a PE ratio of 11.44, a PEG ratio of 0.77 and a beta of 1.62. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a 50 day simple moving average of $10.75 and a 200-day simple moving average of $11.77.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. During the same period in the previous year, the business posted $0.72 earnings per share. The firm’s revenue was up 6.3% compared to the same quarter last year. On average, sell-side analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.41%. Ford Motor’s dividend payout ratio is 61.86%.

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.