Tidal Investments LLC raised its stake in Ford Motor (NYSE:F - Free Report) by 79.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 302,940 shares of the auto manufacturer's stock after purchasing an additional 134,042 shares during the period. Tidal Investments LLC's holdings in Ford Motor were worth $3,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of F. Family Firm Inc. purchased a new stake in shares of Ford Motor in the second quarter worth about $26,000. Quarry LP purchased a new position in Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the second quarter valued at approximately $28,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor during the 2nd quarter worth $30,000. Finally, Reston Wealth Management LLC purchased a new position in Ford Motor during the third quarter worth about $33,000. Hedge funds and other institutional investors own 58.74% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on F. Barclays cut their target price 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. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded Ford Motor from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $12.09.
Read Our Latest Stock Report on Ford Motor
Ford Motor Price Performance
F stock remained flat at $10.39 during trading on Friday. 40,560,679 shares of the company's stock traded hands, compared to its average volume of 53,805,961. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market cap of $41.29 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm's 50 day moving average price is $10.85 and its two-hundred day moving average price is $11.31.
Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The company 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%. Ford Motor's revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. As a group, equities research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors 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 dividend on an annualized basis and a yield of 5.77%. Ford Motor's dividend payout ratio is currently 68.18%.
Ford Motor Profile
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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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