Advisors Capital Management LLC lifted its holdings in shares of Ford Motor Company (NYSE:F) by 21.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 483,120 shares of the auto manufacturer’s stock after purchasing an additional 84,375 shares during the quarter. Advisors Capital Management LLC’s holdings in Ford Motor were worth $5,783,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. JFS Wealth Advisors LLC boosted its holdings in shares of Ford Motor by 0.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after buying an additional 33 shares during the period. FNY Managed Accounts LLC boosted its holdings in shares of Ford Motor by 0.3% during the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after buying an additional 34 shares during the period. Donaldson Capital Management LLC boosted its holdings in shares of Ford Motor by 0.3% during the 2nd quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after buying an additional 43 shares during the period. Gainplan LLC boosted its holdings in shares of Ford Motor by 0.4% during the 2nd quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after buying an additional 45 shares during the period. Finally, Berson & Corrado Investment Advisors LLC boosted its holdings in shares of Ford Motor by 0.5% during the 2nd quarter. Berson & Corrado Investment Advisors LLC now owns 14,270 shares of the auto manufacturer’s stock worth $160,000 after buying an additional 70 shares during the period. Institutional investors own 54.20% of the company’s stock.
F has been the subject of several recent analyst reports. Vetr raised shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.65 price objective for the company in a report on Tuesday, July 25th. Piper Jaffray Companies reissued a “buy” rating and issued a $14.00 price target on shares of Ford Motor in a report on Friday, July 28th. BidaskClub downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, Nomura reaffirmed a “neutral” rating and set a $11.60 price objective (down from $14.00) on shares of Ford Motor in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $12.63.
Ford Motor Company (NYSE F) traded down $0.03 during trading hours on Friday, hitting $12.01. 35,298,301 shares of the company’s stock traded hands, compared to its average volume of 37,940,605. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27. The firm has a market capitalization of $47,826.52, a P/E ratio of 7.17, a P/E/G ratio of 0.62 and a beta of 1.24. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19.
Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company earned $0.26 earnings per share. equities research analysts expect that Ford Motor Company will post 1.81 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, October 23rd will be given a $0.15 dividend. The ex-dividend date is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.00%. Ford Motor’s payout ratio is presently 54.55%.
In other news, insider James D. Farley, Jr. sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $11.40, for a total value of $285,000.00. Following the completion of the transaction, the insider now owns 403,411 shares of the company’s stock, valued at $4,598,885.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Joseph R. Hinrichs sold 40,000 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total transaction of $453,600.00. Following the sale, the insider now directly owns 532,435 shares of the company’s stock, valued at approximately $6,037,812.90. The disclosure for this sale can be found here. Insiders have sold 137,076 shares of company stock valued at $1,599,180 in the last ninety days. 1.08% of the stock is currently owned by company insiders.
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Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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