Larson Financial Group LLC Raises Stake in Ford Motor (NYSE:F)

Larson Financial Group LLC raised its position in Ford Motor (NYSE:F) by 177.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,934 shares of the auto manufacturer’s stock after purchasing an additional 41,551 shares during the period. Larson Financial Group LLC’s holdings in Ford Motor were worth $686,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its holdings in Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after purchasing an additional 59,082 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Ford Motor by 22.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 414,790 shares of the auto manufacturer’s stock valued at $5,152,000 after buying an additional 76,575 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Ford Motor by 0.7% in the 1st quarter. California State Teachers Retirement System now owns 6,413,514 shares of the auto manufacturer’s stock valued at $85,171,000 after buying an additional 47,523 shares during the last quarter. Tidal Investments LLC raised its stake in Ford Motor by 9.7% during the 1st quarter. Tidal Investments LLC now owns 155,875 shares of the auto manufacturer’s stock worth $2,070,000 after acquiring an additional 13,820 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new stake in Ford Motor in the first quarter valued at $1,239,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 2.0 %

NYSE:F opened at $11.40 on Tuesday. Ford Motor has a 1 year low of $9.49 and a 1 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. The stock has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $11.45. The stock has a market capitalization of $45.31 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 2.04 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders 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 dividend yield of 5.26%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Ratings Changes

A number of analysts have recently commented on F shares. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Wells Fargo & Company decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Finally, Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $12.02.

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.