1834 Investment Advisors Co. Buys 128,256 Shares of Ford Motor (NYSE:F)

1834 Investment Advisors Co. raised its stake in Ford Motor (NYSE:F) by 87.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 274,433 shares of the auto manufacturer’s stock after buying an additional 128,256 shares during the period. 1834 Investment Advisors Co.’s holdings in Ford Motor were worth $2,898,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Insight Wealth Partners LLC increased its stake in Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after purchasing an additional 843 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 846 shares during the period. RB Capital Management LLC raised its stake in Ford Motor by 2.9% during the 1st quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock worth $403,000 after buying an additional 857 shares during the period. Freestone Capital Holdings LLC grew its position in Ford Motor by 5.0% in the 1st quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock valued at $244,000 after purchasing an additional 875 shares during the period. Finally, Hilltop National Bank increased its stake in Ford Motor by 7.1% during the 2nd quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock valued at $178,000 after purchasing an additional 944 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 2.4 %

NYSE F opened at $10.61 on Wednesday. The stock’s 50 day moving average is $10.77 and its 200 day moving average is $11.59. 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 has a market capitalization of $42.18 billion, a PE ratio of 12.06, a P/E/G ratio of 1.85 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Research analysts forecast that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Wells Fargo & Company lowered their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus price target of $12.41.

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.