nVerses Capital LLC Purchases 67,100 Shares of Ford Motor (NYSE:F)

nVerses Capital LLC increased its holdings in Ford Motor (NYSE:F - Free Report) by 239.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,100 shares of the auto manufacturer's stock after buying an additional 67,100 shares during the quarter. nVerses Capital LLC's holdings in Ford Motor were worth $1,004,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Cornerstone Wealth Management LLC lifted its stake in shares of Ford Motor by 3.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 87,268 shares of the auto manufacturer's stock worth $922,000 after acquiring an additional 2,710 shares during the period. Alliance Wealth Advisors LLC lifted its position in Ford Motor by 42.3% in the third quarter. Alliance Wealth Advisors LLC now owns 29,801 shares of the auto manufacturer's stock worth $315,000 after purchasing an additional 8,860 shares during the period. B.O.S.S. Retirement Advisors LLC boosted its stake in Ford Motor by 6.0% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 123,523 shares of the auto manufacturer's stock valued at $1,304,000 after purchasing an additional 7,021 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Ford Motor by 37.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 180,619 shares of the auto manufacturer's stock valued at $1,907,000 after purchasing an additional 49,191 shares during the period. Finally, Legacy Financial Group LLC raised its stake in shares of Ford Motor by 7.9% in the 3rd quarter. Legacy Financial Group LLC now owns 19,045 shares of the auto manufacturer's stock worth $201,000 after buying an additional 1,401 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Ford Motor stock traded up $0.04 during trading hours on Thursday, hitting $11.07. The stock had a trading volume of 32,938,623 shares, compared to its average volume of 53,376,113. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a market cap of $44.20 billion, a PE ratio of 11.38, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a 50-day moving average of $10.71 and a two-hundred day moving average of $11.80. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. On average, equities research analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date was Wednesday, August 7th. Ford Motor's payout ratio is 61.86%.

Analyst Ratings Changes

Several research analysts recently weighed in on F shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. Morgan Stanley cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays dropped their target price on shares of Ford Motor from $16.00 to $14.00 and set an "overweight" rating on the stock in a report on Tuesday. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a "peer perform" rating for the company. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $12.56.

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.