Blackhawk Capital Partners LLC. Invests $262,000 in Ford Motor (NYSE:F)

Blackhawk Capital Partners LLC. acquired a new position in shares of Ford Motor (NYSE:F) in the third quarter, HoldingsChannel reports. The fund acquired 24,772 shares of the auto manufacturer’s stock, valued at approximately $262,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in F. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth about $25,000. Family Firm Inc. bought a new position in Ford Motor during the 2nd quarter worth approximately $26,000. Quarry LP acquired a new position in Ford Motor during the second quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor in the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the second quarter worth $30,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on F shares. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group raised 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 research note on Tuesday, October 1st. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Price Performance

NYSE:F opened at $10.73 on Thursday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $42.62 billion, a P/E ratio of 12.19, a P/E/G ratio of 2.01 and a beta of 1.62. 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’s 50-day simple moving average is $10.82 and its 200 day simple moving average is $11.48.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the business posted $0.39 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.59%. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.