Wealthsource Partners LLC raised its holdings in Ford Motor (NYSE:F) by 161.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,957 shares of the auto manufacturer’s stock after buying an additional 16,647 shares during the period. Wealthsource Partners LLC’s holdings in Ford Motor were worth $249,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. American International Group Inc. lifted its position in shares of Ford Motor by 0.4% during the 3rd quarter. American International Group Inc. now owns 1,707,885 shares of the auto manufacturer’s stock worth $15,798,000 after purchasing an additional 6,927 shares during the last quarter. Kiley Juergens Wealth Management LLC lifted its position in shares of Ford Motor by 96.2% during the 3rd quarter. Kiley Juergens Wealth Management LLC now owns 18,047 shares of the auto manufacturer’s stock worth $166,000 after purchasing an additional 8,850 shares during the last quarter. Van ECK Associates Corp purchased a new stake in shares of Ford Motor during the 2nd quarter worth $678,000. Gradient Investments LLC lifted its position in shares of Ford Motor by 63.9% during the 3rd quarter. Gradient Investments LLC now owns 16,354 shares of the auto manufacturer’s stock worth $151,000 after purchasing an additional 6,376 shares during the last quarter. Finally, Putnam Investments LLC lifted its position in shares of Ford Motor by 444.1% during the 2nd quarter. Putnam Investments LLC now owns 3,473,537 shares of the auto manufacturer’s stock worth $38,452,000 after purchasing an additional 2,835,131 shares during the last quarter. 54.07% of the stock is owned by institutional investors.
F has been the topic of several research analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a $13.00 price target on shares of Ford Motor in a research note on Friday, October 5th. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to a “sell” rating in a research note on Friday, August 31st. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c+” rating in a research note on Monday, August 13th. Finally, ValuEngine upgraded shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 31st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the stock. Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.27.
NYSE F opened at $8.82 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of $35.84 billion, a price-to-earnings ratio of 4.96, a price-to-earnings-growth ratio of 1.26 and a beta of 0.68. Ford Motor has a one year low of $8.17 and a one year high of $13.48.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $34.66 billion for the quarter, compared to analyst estimates of $32.05 billion. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. During the same period in the previous year, the business posted $0.43 earnings per share. Equities analysts anticipate that Ford Motor will post 1.36 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 3rd. Shareholders of record on Tuesday, October 23rd were paid a $0.15 dividend. The ex-dividend date was Monday, October 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 6.80%. Ford Motor’s dividend payout ratio is presently 33.71%.
In other Ford Motor news, VP Steven R. Armstrong sold 13,000 shares of Ford Motor stock in a transaction on Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the transaction, the vice president now directly owns 94,527 shares in the company, valued at $901,787.58. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ray T. Charley acquired 4,000 shares of the company’s stock in a transaction on Monday, October 29th. The stock was acquired at an average price of $12.90 per share, for a total transaction of $51,600.00. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.
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Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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