Daymark Wealth Partners LLC Buys 1,025 Shares of Ford Motor Company $F

Daymark Wealth Partners LLC increased its stake in shares of Ford Motor Company (NYSE:F) by 4.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 26,305 shares of the auto manufacturer’s stock after acquiring an additional 1,025 shares during the period. Daymark Wealth Partners LLC’s holdings in Ford Motor were worth $285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of F. Vanguard Group Inc. raised its holdings in Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after acquiring an additional 48,378,444 shares in the last quarter. Nuveen LLC bought a new stake in Ford Motor during the first quarter worth about $123,147,000. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares in the last quarter. Finally, Aberdeen Group plc raised its holdings in Ford Motor by 150.6% during the first quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer’s stock worth $72,169,000 after acquiring an additional 4,365,125 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on F. Citigroup upped their target price on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a report on Monday, October 27th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Royal Bank Of Canada boosted their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Barclays boosted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Finally, Wells Fargo & Company boosted their price target on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.73.

Ford Motor Price Performance

Ford Motor stock opened at $13.13 on Friday. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97. The stock’s 50 day moving average is $12.01 and its 200-day moving average is $11.20. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The company has a market capitalization of $52.24 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 4.03 and a beta of 1.53.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same quarter in the prior year, the business earned $0.49 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.6%. Ford Motor’s dividend payout ratio is currently 51.72%.

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.