State of Wyoming Boosts Position in Ford Motor Company $F

State of Wyoming lifted its stake in shares of Ford Motor Company (NYSE:F) by 350.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 52,153 shares of the auto manufacturer’s stock after acquiring an additional 40,587 shares during the period. State of Wyoming’s holdings in Ford Motor were worth $684,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Robertson Stephens Wealth Management LLC increased its position in shares of Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 761 shares during the last quarter. CRA Financial Services LLC increased its position in shares of Ford Motor by 4.4% during the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock worth $240,000 after purchasing an additional 775 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Ford Motor by 16.5% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock worth $65,000 after purchasing an additional 776 shares during the last quarter. Cyndeo Wealth Partners LLC increased its position in shares of Ford Motor by 7.2% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock worth $153,000 after purchasing an additional 784 shares during the last quarter. Finally, Activest Wealth Management increased its position in shares of Ford Motor by 35.3% during the 4th quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock worth $40,000 after purchasing an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. TD Cowen cut their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Citigroup raised their price objective on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.20.

Ford Motor Stock Performance

NYSE F opened at $15.36 on Friday. The company has a market cap of $61.18 billion, a P/E ratio of -9.91, a P/E/G ratio of 0.34 and a beta of 1.79. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a 50-day moving average of $13.06 and a two-hundred day moving average of $13.21. Ford Motor Company has a 1-year low of $10.03 and a 1-year high of $17.78.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.48. The company had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. As a group, analysts anticipate that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.