Childress Capital Advisors LLC Raises Holdings in Ford Motor (NYSE:F)

Childress Capital Advisors LLC increased its position in Ford Motor (NYSE:F) by 29.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 54,596 shares of the auto manufacturer’s stock after purchasing an additional 12,389 shares during the period. Childress Capital Advisors LLC’s holdings in Ford Motor were worth $577,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of brokerages have recently commented on F. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.48.

Ford Motor Price Performance

Shares of F stock opened at $10.41 on Wednesday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The stock has a fifty day simple moving average of $10.84 and a two-hundred day simple moving average of $11.65. The stock has a market capitalization of $41.54 billion, a price-to-earnings ratio of 10.73, a P/E/G ratio of 1.58 and a beta of 1.62.

Ford Motor (NYSE:F) last released its quarterly earnings data 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 company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 earnings per share. On average, analysts predict that Ford Motor will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm 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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.77%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is 61.86%.

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.