Ford Motor (NYSE:F) Shares Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC raised its position in Ford Motor (NYSE:F - Free Report) by 40.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 204,126 shares of the auto manufacturer's stock after purchasing an additional 59,160 shares during the quarter. Kovitz Investment Group Partners LLC's holdings in Ford Motor were worth $2,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Family Firm Inc. bought a new position in Ford Motor in the 2nd quarter worth about $26,000. Quarry LP bought a new position in Ford Motor in the 2nd quarter worth about $27,000. Ridgewood Investments LLC bought a new position in Ford Motor in the 2nd quarter worth about $28,000. Kimelman & Baird LLC bought a new position in shares of Ford Motor during the second quarter valued at approximately $30,000. Finally, Reston Wealth Management LLC bought a new position in shares of Ford Motor during the third quarter valued at approximately $33,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Sanford C. Bernstein downgraded shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research note on Tuesday, September 10th. Finally, The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $12.08.

Ford Motor Price Performance

F stock traded down $0.04 during midday trading on Tuesday, reaching $10.56. The stock had a trading volume of 45,054,576 shares, compared to its average volume of 53,898,316. The company's fifty day simple moving average is $10.86 and its 200 day simple moving average is $11.35. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $41.95 billion, a price-to-earnings ratio of 11.99, a price-to-earnings-growth ratio of 1.91 and a beta of 1.62.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during 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 company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 EPS. As a group, sell-side analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.68%. Ford Motor's dividend payout ratio (DPR) is 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.