Sigma Planning Corp increased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 14.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 457,306 shares of the auto manufacturer's stock after acquiring an additional 58,675 shares during the period. Sigma Planning Corp's holdings in Ford Motor were worth $4,829,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Insight Wealth Partners LLC grew its holdings in shares of Ford Motor by 1.9% in the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer's stock worth $554,000 after acquiring an additional 843 shares during the period. Pallas Capital Advisors LLC grew its holdings in Ford Motor by 2.9% in the second 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 last quarter. RB Capital Management LLC increased its position in shares of Ford Motor by 2.9% in the first quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer's stock valued at $403,000 after buying an additional 857 shares in the last quarter. Freestone Capital Holdings LLC raised its stake in shares of Ford Motor by 5.0% during 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 during the last quarter. Finally, Hilltop National Bank boosted its position in shares of Ford Motor by 7.1% in 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 in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
Analysts Set New Price Targets
Several brokerages recently issued reports on F. Evercore ISI upgraded Ford Motor to a "hold" rating in a research report on Friday, July 26th. Wells Fargo & Company reduced their price objective on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Tuesday, September 10th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research report on Friday, August 2nd. Wolfe Research started coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a "peer perform" rating for the company. Finally, Barclays decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $12.02.
View Our Latest Stock Analysis on F
Ford Motor Stock Up 2.4 %
Shares of NYSE:F traded up $0.26 during mid-day trading on Monday, hitting $11.23. 53,292,076 shares of the company traded hands, compared to its average volume of 53,908,961. The firm has a market cap of $44.63 billion, a P/E ratio of 12.73, a PEG ratio of 1.99 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The firm's 50 day simple moving average is $10.77 and its 200 day simple moving average is $11.55. 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 (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (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 firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 EPS. On average, equities analysts anticipate that Ford Motor will post 1.82 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.34%. Ford Motor's dividend payout ratio is presently 68.18%.
About Ford Motor
(
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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