CAP Partners LLC purchased a new position in shares of Ford Motor (NYSE:F – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,049 shares of the auto manufacturer’s stock, valued at approximately $106,000.
A number of other hedge funds also recently bought and sold shares of the stock. Quest Partners LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at $96,000. Marathon Trading Investment Management LLC increased its holdings in Ford Motor by 610.0% in the third quarter. Marathon Trading Investment Management LLC now owns 12,200 shares of the auto manufacturer’s stock valued at $129,000 after buying an additional 14,592 shares during the last quarter. Swiss National Bank raised its stake in Ford Motor by 0.7% in the third quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after buying an additional 84,600 shares in the last quarter. Claro Advisors LLC lifted its holdings in Ford Motor by 26.3% during the 3rd quarter. Claro Advisors LLC now owns 17,232 shares of the auto manufacturer’s stock worth $182,000 after buying an additional 3,585 shares during the last quarter. Finally, AM Squared Ltd boosted its position in shares of Ford Motor by 535.9% during the 3rd quarter. AM Squared Ltd now owns 76,062 shares of the auto manufacturer’s stock worth $803,000 after acquiring an additional 64,100 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $12.02.
Ford Motor Stock Up 0.4 %
Ford Motor stock opened at $11.05 on Monday. The stock has a 50 day moving average of $10.79 and a two-hundred day moving average of $11.50. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market capitalization of $43.92 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 2.00 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.
Ford Motor (NYSE:F – Get Free Report) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. As a group, research analysts expect that Ford Motor will post 1.82 earnings per share for the current year.
Ford Motor Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.43%. Ford Motor’s dividend payout ratio is currently 68.18%.
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.
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