Captrust Financial Advisors grew its stake in Ford Motor (NYSE:F – Free Report) by 7.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 345,362 shares of the auto manufacturer’s stock after purchasing an additional 23,717 shares during the period. Captrust Financial Advisors’ holdings in Ford Motor were worth $3,647,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. ING Groep NV boosted its holdings in shares of Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after buying an additional 570,293 shares in the last quarter. OneAscent Financial Services LLC purchased a new stake in Ford Motor in the 3rd quarter valued at $545,000. Quantbot Technologies LP raised its position in Ford Motor by 1,157.9% in the 3rd quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock valued at $1,911,000 after purchasing an additional 166,617 shares during the last quarter. GSA Capital Partners LLP raised its position in Ford Motor by 20.8% in the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after purchasing an additional 15,729 shares during the last quarter. Finally, Czech National Bank raised its position in Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after purchasing an additional 48,456 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on F shares. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Wells Fargo & Company reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Two equities research 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 has an average rating of “Hold” and an average target price of $12.02.
Ford Motor Stock Performance
Shares of F opened at $10.82 on Wednesday. The company has a 50-day simple moving average of $10.86 and a 200-day simple moving average of $11.39. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $43.00 billion, a PE ratio of 12.30, a P/E/G ratio of 2.00 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 EPS. Equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.55%. Ford Motor’s dividend payout ratio is presently 68.18%.
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.
Featured Articles
- Five stocks we like better than Ford Motor
- Roth IRA Calculator: Calculate Your Potential Returns
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Netflix Is On Track To Hit $1,000 By Christmas
- What is a Death Cross in Stocks?
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor (NYSE:F – Free Report).
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.