Next Level Private LLC Has $2.17 Million Holdings in Ford Motor (NYSE:F)

Next Level Private LLC raised its holdings in Ford Motor (NYSE:F) by 19.7% in the second quarter, Holdings Channel reports. The fund owned 172,804 shares of the auto manufacturer’s stock after acquiring an additional 28,471 shares during the period. Ford Motor accounts for about 1.0% of Next Level Private LLC’s portfolio, making the stock its 29th biggest position. Next Level Private LLC’s holdings in Ford Motor were worth $2,167,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Olistico Wealth LLC bought a new position in Ford Motor during the 2nd quarter worth about $25,000. Fortis Group Advisors LLC grew its holdings in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares in the last quarter. Family Firm Inc. acquired a new stake in Ford Motor in the 2nd quarter valued at approximately $26,000. Voisard Asset Management Group Inc. bought a new stake in Ford Motor in the 4th quarter valued at approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its position in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Ford Motor stock traded down $0.17 during mid-day trading on Tuesday, hitting $11.02. 18,121,693 shares of the company’s stock traded hands, compared to its average volume of 54,231,648. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm has a 50 day simple moving average of $11.81 and a two-hundred day simple moving average of $12.19. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The stock has a market cap of $44.00 billion, a price-to-earnings ratio of 11.33, a P/E/G ratio of 0.81 and a beta of 1.62.

Ford Motor (NYSE:F) last posted 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 company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the prior year, the business posted $0.72 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on F shares. The Goldman Sachs Group cut their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, July 25th. Barclays cut their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Sanford C. Bernstein assumed coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $13.48.

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.