First County Bank CT Purchases 3,965 Shares of Ford Motor (NYSE:F)

First County Bank CT lifted its position in Ford Motor (NYSE:F) by 30.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,101 shares of the auto manufacturer’s stock after buying an additional 3,965 shares during the period. First County Bank CT’s holdings in Ford Motor were worth $181,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after purchasing an additional 5,270,562 shares in the last quarter. Banco Santander S.A. increased its stake in shares of Ford Motor by 669.1% in the third quarter. Banco Santander S.A. now owns 835,761 shares of the auto manufacturer’s stock worth $8,826,000 after purchasing an additional 727,097 shares in the last quarter. Blackhawk Capital Partners LLC. purchased a new stake in shares of Ford Motor in the third quarter worth $262,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Ford Motor in the third quarter worth $423,000. Finally, Steele Capital Management Inc. grew its stake in Ford Motor by 28.3% during the third quarter. Steele Capital Management Inc. now owns 22,375 shares of the auto manufacturer’s stock valued at $236,000 after acquiring an additional 4,936 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company lowered 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. Finally, Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Two 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’s stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Up 3.5 %

NYSE:F opened at $11.18 on Friday. The company has a market cap of $44.43 billion, a PE ratio of 12.70, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company’s 50 day moving average is $10.83 and its two-hundred day moving average is $11.46.

Ford Motor (NYSE:F) last released its 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. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the firm earned $0.39 EPS. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. Analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.37%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is 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.