Sargent Investment Group LLC Has $1.68 Million Stake in Ford Motor (NYSE:F)

Sargent Investment Group LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 15.5% during the third quarter, HoldingsChannel reports. The firm owned 159,070 shares of the auto manufacturer’s stock after selling 29,190 shares during the quarter. Sargent Investment Group LLC’s holdings in Ford Motor were worth $1,680,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. MeadowBrook Investment Advisors LLC increased its stake in Ford Motor by 59.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 13,732 shares of the auto manufacturer’s stock valued at $145,000 after buying an additional 5,120 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of Ford Motor in the 3rd quarter valued at about $131,000. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Ford Motor by 7.3% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 113,891 shares of the auto manufacturer’s stock valued at $1,203,000 after acquiring an additional 7,719 shares during the last quarter. Metis Global Partners LLC raised its holdings in Ford Motor by 1.8% during the third quarter. Metis Global Partners LLC now owns 125,093 shares of the auto manufacturer’s stock worth $1,321,000 after acquiring an additional 2,239 shares in the last quarter. Finally, Planning Capital Management Corp acquired a new position in Ford Motor during the third quarter valued at approximately $187,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of a number of analyst reports. Barclays dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Price Performance

Shares of NYSE F traded up $0.12 during mid-day trading on Thursday, reaching $11.22. The company had a trading volume of 14,428,802 shares, compared to its average volume of 53,702,629. The firm has a market cap of $44.59 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 2.01 and a beta of 1.62. The business’s 50-day simple moving average is $10.77 and its 200 day simple moving average is $11.52. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter last year, the business posted $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

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.