Rational Advisors LLC lifted its holdings in Ford Motor (NYSE:F) by 135.8% during the 3rd quarter, according to its most recent filing with the Securities Exchange Commission. The firm owned 17,789 shares of the auto manufacturer’s stock after purchasing an additional 10,246 shares during the period. Rational Advisors LLC’s holdings in Ford Motor were worth $163,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the company. Asset Dedication LLC grew its stake in shares of Ford Motor by 80.2% during the 3rd quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock valued at $29,000 after acquiring an additional 1,409 shares during the period. Strategic Blueprint LLC purchased a new position in Ford Motor during the third quarter valued at approximately $30,000. West Oak Capital LLC lifted its holdings in Ford Motor by 46.3% during the second quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock valued at $37,000 after purchasing an additional 1,132 shares in the last quarter. Citizens Financial Group Inc RI lifted its holdings in Ford Motor by 63.6% during the second quarter. Citizens Financial Group Inc RI now owns 3,601 shares of the auto manufacturer’s stock valued at $37,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of Ford Motor in the second quarter worth approximately $39,000. Hedge funds and other institutional investors own 53.51% of the company’s stock.
A number of analysts have recently issued reports on F shares. Credit Suisse Group reissued an “outperform” rating on shares of Ford Motor in a research note on Tuesday, November 19th. Bank of America downgraded shares of Ford Motor to a “buy” rating and set a $13.00 target price for the company. in a report on Tuesday, September 10th. Deutsche Bank lowered Ford Motor from a “buy” rating to a “hold” rating and cut their price target for the stock from $12.00 to $11.00 in a research note on Thursday, October 24th. ValuEngine raised Ford Motor from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Finally, Buckingham Research lowered their price objective on Ford Motor from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.69.
F opened at $9.02 on Friday. The stock has a market capitalization of $35.76 billion, a price-to-earnings ratio of 6.94, a PEG ratio of 1.01 and a beta of 1.09. Ford Motor has a fifty-two week low of $7.41 and a fifty-two week high of $10.56. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.04 and a current ratio of 1.17. The company has a fifty day moving average of $8.93 and a 200 day moving average of $9.38.
Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, October 23rd. The auto manufacturer reported $0.34 EPS for the quarter, beating the consensus estimate of $0.26 by $0.08. The business had revenue of $33.93 billion during the quarter, compared to the consensus estimate of $33.88 billion. Ford Motor had a net margin of 1.01% and a return on equity of 15.53%. The business’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 EPS. On average, equities research analysts forecast that Ford Motor will post 1.23 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Tuesday, October 22nd were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.65%. The ex-dividend date was Monday, October 21st. Ford Motor’s payout ratio is 46.15%.
In related news, CEO James P. Hackett sold 20,000 shares of Ford Motor stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $8.92, for a total value of $178,400.00. Following the completion of the transaction, the chief executive officer now owns 165,184 shares in the company, valued at $1,473,441.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider James D. Farley, Jr. sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $9.19, for a total value of $413,550.00. Following the sale, the insider now owns 496,753 shares in the company, valued at $4,565,160.07. The disclosure for this sale can be found here. In the last ninety days, insiders sold 105,000 shares of company stock worth $941,750. Corporate insiders own 0.83% of the company’s stock.
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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