Nwam LLC Invests $383,000 in Ford Motor (NYSE:F)

Nwam LLC purchased a new stake in Ford Motor (NYSE:F) during the third quarter, Holdings Channel reports. The institutional investor purchased 36,313 shares of the auto manufacturer’s stock, valued at approximately $383,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after purchasing an additional 8,824,000 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Ford Motor by 27.4% in the second 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 4.5% during 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 buying an additional 5,270,562 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Ford Motor by 456.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after buying an additional 3,281,800 shares during the period. Finally, AQR Capital Management LLC grew its holdings in shares of Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after buying an additional 2,497,695 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $11.18 on Monday. The stock’s 50-day moving average is $10.83 and its 200-day moving average is $11.45. Ford Motor has a 1-year low of $9.49 and a 1-year 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 stock has a market cap of $44.43 billion, a P/E ratio of 12.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.39 EPS. Equities research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.37%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on F shares. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research started coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Two investment 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. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $12.02.

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.