Ford Motor (NYSE:F) Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC reduced its position in Ford Motor (NYSE:F) by 1.4% in the 3rd quarter, Holdings Channel reports. The firm owned 215,829 shares of the auto manufacturer’s stock after selling 3,092 shares during the quarter. KPP Advisory Services LLC’s holdings in Ford Motor were worth $2,279,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Down 0.5 %

Shares of NYSE F traded down $0.06 on Friday, hitting $11.01. The company had a trading volume of 58,895,435 shares, compared to its average volume of 53,920,492. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The business has a 50 day moving average of $10.79 and a two-hundred day moving average of $11.51. 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 firm has a market capitalization of $43.76 billion, a P/E ratio of 12.51, a PEG ratio of 2.01 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 earnings per share. As a group, equities research analysts forecast that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared 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. This represents a $0.60 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date of this dividend is Thursday, November 7th. 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.