B. Riley Wealth Advisors Inc. Sells 164,869 Shares of Ford Motor (NYSE:F)

B. Riley Wealth Advisors Inc. trimmed its stake in Ford Motor (NYSE:F - Free Report) by 43.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 213,134 shares of the auto manufacturer's stock after selling 164,869 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in Ford Motor were worth $2,238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the third quarter worth $55,456,000. ING Groep NV lifted its position in Ford Motor by 93.4% during the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer's stock worth $12,473,000 after acquiring an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC bought a new stake in Ford Motor during the third quarter valued at about $545,000. Quantbot Technologies LP increased its stake in shares of Ford Motor by 1,157.9% in the third quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer's stock worth $1,911,000 after purchasing an additional 166,617 shares during the period. Finally, GSA Capital Partners LLP lifted its position in shares of Ford Motor by 20.8% during the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer's stock worth $964,000 after purchasing an additional 15,729 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on F. Wells Fargo & Company dropped their price target on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock 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 raised their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Barclays cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Tuesday, October 29th. Royal Bank of Canada restated a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and cut their price objective for the company from $12.00 to $9.00 in a research report on Monday. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.83.

Ford Motor Price Performance

Shares of NYSE:F traded down $0.41 on Monday, hitting $9.99. The stock had a trading volume of 96,170,053 shares, compared to its average volume of 53,981,047. The company has a market capitalization of $39.68 billion, a price-to-earnings ratio of 11.48, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The firm's 50 day moving average price is $10.85 and its 200-day moving average price is $11.31. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a twelve month low of $9.49 and a twelve month 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 for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. On average, equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.01%. 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.