Curi RMB Capital LLC Sells 1,763 Shares of Ford Motor (NYSE:F)

Curi RMB Capital LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 14.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 10,776 shares of the auto manufacturer’s stock after selling 1,763 shares during the period. Curi RMB Capital LLC’s holdings in Ford Motor were worth $114,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Planning Capital Management Corp acquired a new stake in Ford Motor in the 3rd quarter valued at $187,000. Plato Investment Management Ltd increased its stake in Ford Motor by 1.8% in the 3rd quarter. Plato Investment Management Ltd now owns 120,136 shares of the auto manufacturer’s stock valued at $1,267,000 after buying an additional 2,128 shares during the last quarter. Kovack Advisors Inc. lifted its position in shares of Ford Motor by 84.4% during the 3rd quarter. Kovack Advisors Inc. now owns 61,239 shares of the auto manufacturer’s stock worth $647,000 after buying an additional 28,024 shares in the last quarter. Parthenon LLC purchased a new position in shares of Ford Motor in the 3rd quarter worth approximately $116,000. Finally, MQS Management LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $191,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on F shares. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Trading Down 0.5 %

NYSE:F opened at $11.01 on Friday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock’s fifty day moving average price is $10.79 and its two-hundred day moving average price is $11.51. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a market cap of $43.76 billion, a P/E ratio of 12.51, a P/E/G ratio of 2.01 and a beta of 1.62.

Ford Motor (NYSE:F) last issued 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. The business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. As a group, analysts expect that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.45%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.