Quantinno Capital Management LP reduced its position in shares of Ford Motor (NYSE:F - Free Report) by 44.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,704 shares of the auto manufacturer's stock after selling 101,439 shares during the period. Quantinno Capital Management LP's holdings in Ford Motor were worth $1,349,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Family Firm Inc. bought a new stake in Ford Motor during the 2nd quarter worth about $26,000. Quarry LP bought a new stake in Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor during the second quarter valued at approximately $28,000. Kimelman & Baird LLC bought a new position in Ford Motor in the second quarter valued at approximately $30,000. Finally, MFA Wealth Advisors LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $37,000. 58.74% of the stock is currently owned by institutional investors.
Ford Motor Stock Performance
F stock remained flat at $10.39 during trading on Friday. The company had a trading volume of 37,865,328 shares, compared to its average volume of 53,805,961. The firm has a market cap of $41.29 billion, a PE ratio of 11.74, a PEG ratio of 1.90 and a beta of 1.62. The stock has a 50 day moving average price of $10.85 and a 200-day moving average price of $11.33. 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 1-year low of $9.49 and a 1-year high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm's revenue was up 5.5% compared to the same quarter last year. Research analysts forecast that Ford Motor will post 1.81 EPS for the current year.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid 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 5.77%. Ford Motor's dividend payout ratio is presently 68.18%.
Analysts Set New Price Targets
F has been the topic of a number of recent analyst reports. Sanford C. Bernstein downgraded Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped their price target 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. Barclays reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Finally, Morgan Stanley cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $12.08.
Read Our Latest Stock Report on Ford Motor
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.
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