Sheaff Brock Investment Advisors LLC Cuts Position in Ford Motor (NYSE:F)

Sheaff Brock Investment Advisors LLC lowered its stake in shares of Ford Motor (NYSE:F) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 280,004 shares of the auto manufacturer’s stock after selling 4,895 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Ford Motor were worth $2,957,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of F. Dimensional Fund Advisors LP grew its holdings in Ford Motor by 27.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Legal & General Group Plc boosted its holdings in Ford Motor by 1.0% in the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares during the last quarter. LSV Asset Management grew its stake in shares of Ford Motor by 1.6% during the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock worth $252,248,000 after purchasing an additional 312,496 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in Ford Motor by 11.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock worth $163,214,000 after purchasing an additional 1,214,640 shares during the period. Finally, National Pension Service grew its position in shares of Ford Motor by 19.7% in the third quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock valued at $106,815,000 after purchasing an additional 1,663,460 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Down 0.2 %

NYSE:F opened at $11.05 on Friday. The company has a market cap of $43.92 billion, a P/E ratio of 12.58, a price-to-earnings-growth 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 business has a 50 day moving average price of $10.77 and a two-hundred day moving average price of $11.52. 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 (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. 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 prior year, the business earned $0.39 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.43%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is presently 68.18%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Wells Fargo & Company dropped 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 note on Tuesday, September 10th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Finally, Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $12.02.

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.