Plato Investment Management Ltd increased its position in shares of Ford Motor (NYSE:F – Free Report) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 120,136 shares of the auto manufacturer’s stock after acquiring an additional 2,128 shares during the quarter. Plato Investment Management Ltd’s holdings in Ford Motor were worth $1,267,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of F. Czech National Bank raised its stake in shares of Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after acquiring an additional 48,456 shares during the period. Claro Advisors LLC increased its stake in Ford Motor by 333.6% during the 3rd quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock worth $625,000 after buying an additional 45,532 shares during the period. 1834 Investment Advisors Co. increased its stake in Ford Motor by 87.7% during the 3rd quarter. 1834 Investment Advisors Co. now owns 274,433 shares of the auto manufacturer’s stock worth $2,898,000 after buying an additional 128,256 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Ford Motor by 1.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after buying an additional 59,082 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Ford Motor by 49.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock worth $10,546,000 after buying an additional 329,631 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Upgrades and Downgrades
F has been the topic of several analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.02.
Ford Motor Price Performance
Shares of NYSE:F opened at $11.07 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The firm has a 50-day simple moving average of $10.77 and a 200 day simple moving average of $11.52. The company has a market cap of $44.00 billion, a PE ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62.
Ford Motor (NYSE:F – Get Free Report) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 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 firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. Ford Motor’s quarterly revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts anticipate that Ford Motor will post 1.82 EPS for the current year.
Ford Motor Announces Dividend
The company 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 annualized dividend and a yield of 5.42%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.
Ford Motor 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.
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