Strategic Investment Solutions Inc. IL Boosts Holdings in Ford Motor (NYSE:F)

Strategic Investment Solutions Inc. IL boosted its position in shares of Ford Motor (NYSE:F) by 17.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,647 shares of the auto manufacturer’s stock after purchasing an additional 1,693 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in Ford Motor were worth $120,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Virtu Financial LLC purchased a new position in shares of Ford Motor in the third quarter worth $1,045,000. Sculati Wealth Management LLC increased its holdings in Ford Motor by 4.7% in the 3rd quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock worth $399,000 after buying an additional 1,709 shares in the last quarter. World Investment Advisors LLC raised its position in Ford Motor by 31.8% in the 3rd quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock worth $350,000 after buying an additional 8,000 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Ford Motor during the 3rd quarter valued at about $192,000. Finally, Tidal Investments LLC boosted its holdings in shares of Ford Motor by 79.4% during the 3rd quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock valued at $3,199,000 after acquiring an additional 134,042 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 0.4 %

Shares of Ford Motor stock opened at $9.41 on Thursday. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $37.30 billion, a P/E ratio of 6.45, a P/E/G ratio of 0.61 and a beta of 1.41. The company has a fifty day moving average of $9.58 and a 200 day moving average of $10.15.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.38%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on F. Barclays lowered their price objective on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Tuesday. StockNews.com lowered Ford Motor from a “hold” rating to a “sell” rating in a report on Thursday, April 10th. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Finally, Piper Sandler dropped their price objective on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus price target of $10.30.

Ford Motor Company 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.