Ford Motor (NYSE:F) Shares Purchased by Good Life Advisors LLC

Good Life Advisors LLC raised its stake in shares of Ford Motor (NYSE:F - Free Report) by 101.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,472 shares of the auto manufacturer's stock after buying an additional 75,680 shares during the quarter. Good Life Advisors LLC's holdings in Ford Motor were worth $1,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Avaii Wealth Management LLC purchased a new position in shares of Ford Motor in the third quarter valued at $112,000. nVerses Capital LLC grew its holdings in shares of Ford Motor by 239.6% in the third quarter. nVerses Capital LLC now owns 95,100 shares of the auto manufacturer's stock valued at $1,004,000 after purchasing an additional 67,100 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of Ford Motor by 3.2% in the third quarter. Cornerstone Wealth Management LLC now owns 87,268 shares of the auto manufacturer's stock valued at $922,000 after purchasing an additional 2,710 shares in the last quarter. Alliance Wealth Advisors LLC grew its holdings in shares of Ford Motor by 42.3% in the third quarter. Alliance Wealth Advisors LLC now owns 29,801 shares of the auto manufacturer's stock valued at $315,000 after purchasing an additional 8,860 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC grew its holdings in shares of Ford Motor by 6.0% in the third 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. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of several recent analyst reports. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a "peer perform" rating for the company. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $13.00 to $10.00 and set a "sector perform" rating for the company in a research note on Monday, August 12th. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Morgan Stanley lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $12.56.

Ford Motor Stock Up 0.3 %

Shares of F stock traded up $0.03 on Friday, hitting $11.10. The stock had a trading volume of 26,066,214 shares, compared to its average volume of 53,263,961. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The business has a 50 day moving average price of $10.73 and a 200 day moving average price of $11.80. The company has a market cap of $44.31 billion, a PE ratio of 11.46, a P/E/G ratio of 0.77 and a beta of 1.62. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.41%. The ex-dividend date was Wednesday, August 7th. Ford Motor's payout ratio is 61.86%.

About Ford Motor

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.