Baron Wealth Management LLC decreased its stake in shares of Ford Motor (NYSE:F - Free Report) by 27.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 181,514 shares of the auto manufacturer's stock after selling 68,184 shares during the quarter. Ford Motor accounts for about 0.9% of Baron Wealth Management LLC's investment portfolio, making the stock its 13th biggest position. Baron Wealth Management LLC's holdings in Ford Motor were worth $1,917,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the stock. Insight Wealth Partners LLC boosted its position in shares of Ford Motor by 1.9% during the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer's stock valued at $554,000 after acquiring an additional 843 shares in the last quarter. Pallas Capital Advisors LLC grew its stake in shares of Ford Motor by 2.9% in the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer's stock valued at $374,000 after purchasing an additional 846 shares during the period. Freestone Capital Holdings LLC raised its holdings in shares of Ford Motor by 5.0% in the 1st quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer's stock worth $244,000 after buying an additional 875 shares in the last quarter. Hilltop National Bank lifted its position in shares of Ford Motor by 7.1% during the 2nd quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer's stock worth $178,000 after buying an additional 944 shares during the period. Finally, Meridian Financial Partners LLC boosted its stake in Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer's stock valued at $903,000 after buying an additional 953 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
Analyst Ratings Changes
F has been the topic of a number of recent analyst reports. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a "peer perform" rating on the stock. Wells Fargo & Company reduced their target price on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday, September 10th. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $12.02.
Read Our Latest Analysis on F
Ford Motor Trading Down 1.4 %
Shares of F traded down $0.16 during trading hours on Tuesday, reaching $11.05. The stock had a trading volume of 53,147,465 shares, compared to its average volume of 53,890,152. The firm has a 50-day moving average of $10.80 and a 200 day moving average of $11.49. 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 company has a market cap of $43.92 billion, a P/E ratio of 12.66, a P/E/G ratio of 2.00 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. On average, sell-side analysts expect that Ford Motor will post 1.82 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor's dividend payout ratio is presently 68.18%.
Ford Motor Profile
(
Free Report)
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.
Featured Stories
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.