Kovack Advisors Inc. Grows Stock Holdings in Ford Motor (NYSE:F)

Kovack Advisors Inc. lifted its stake in shares of Ford Motor (NYSE:F) by 84.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,239 shares of the auto manufacturer’s stock after acquiring an additional 28,024 shares during the quarter. Kovack Advisors Inc.’s holdings in Ford Motor were worth $647,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Ford Motor by 3.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 63,372 shares of the auto manufacturer’s stock valued at $842,000 after purchasing an additional 1,942 shares in the last quarter. Empowered Funds LLC raised its stake in Ford Motor by 24.0% in the first quarter. Empowered Funds LLC now owns 79,963 shares of the auto manufacturer’s stock worth $1,062,000 after buying an additional 15,480 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in Ford Motor by 2.8% during the first quarter. Bleakley Financial Group LLC now owns 64,979 shares of the auto manufacturer’s stock worth $863,000 after buying an additional 1,755 shares during the period. Koshinski Asset Management Inc. boosted its position in Ford Motor by 100.3% during the 1st quarter. Koshinski Asset Management Inc. now owns 39,188 shares of the auto manufacturer’s stock valued at $520,000 after acquiring an additional 19,619 shares in the last quarter. Finally, TBH Global Asset Management LLC purchased a new position in shares of Ford Motor in the 1st quarter valued at $295,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their price objective 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. Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Performance

Shares of F opened at $11.11 on Thursday. 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 has a 50-day moving average of $10.77 and a two-hundred day moving average of $11.53. The stock has a market cap of $44.13 billion, a P/E ratio of 12.62, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 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 firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. As a group, research analysts predict that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.40%. Ford Motor’s payout ratio 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.