First Washington CORP Acquires 7,811 Shares of Ford Motor (NYSE:F)

First Washington CORP raised its position in Ford Motor (NYSE:F) by 1.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 411,515 shares of the auto manufacturer’s stock after buying an additional 7,811 shares during the period. Ford Motor comprises approximately 1.9% of First Washington CORP’s holdings, making the stock its 20th largest holding. First Washington CORP’s holdings in Ford Motor were worth $5,160,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Olistico Wealth LLC acquired a new position in Ford Motor during the second quarter valued at approximately $25,000. Fortis Group Advisors LLC boosted its holdings in shares of 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 buying an additional 1,086 shares during the last quarter. Family Firm Inc. bought a new position in shares of Ford Motor in the 2nd quarter valued at about $26,000. Voisard Asset Management Group Inc. acquired a new position in Ford Motor during the fourth quarter worth approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in shares of 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 owned by institutional investors.

Analyst Upgrades and Downgrades

F has been the topic of several research analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $16.00 price target on shares of Ford Motor in a report on Thursday, September 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, July 25th. Barclays lowered their price objective on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Finally, Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $12.95.

Ford Motor Trading Up 1.0 %

NYSE F opened at $10.91 on Wednesday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. 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 firm has a market capitalization of $43.54 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The business’s 50-day moving average price is $11.39 and its two-hundred day moving average price is $12.07.

Ford Motor (NYSE:F) last issued its quarterly earnings results 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 for 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%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company posted $0.72 EPS. On average, analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.50%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

About Ford Motor

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.