Focused Wealth Management Inc Buys New Stake in Ford Motor (NYSE:F)

Focused Wealth Management Inc bought a new stake in Ford Motor (NYSE:F) during the third quarter, according to its most recent filing with the SEC. The firm bought 10,733 shares of the auto manufacturer’s stock, valued at approximately $113,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Austin Private Wealth LLC acquired a new position in Ford Motor in the 3rd quarter valued at $123,000. NorthRock Partners LLC boosted its holdings in Ford Motor by 6.8% in the 3rd quarter. NorthRock Partners LLC now owns 18,009 shares of the auto manufacturer’s stock valued at $190,000 after purchasing an additional 1,139 shares during the period. Stoneridge Investment Partners LLC boosted its holdings in Ford Motor by 30.1% in the 3rd quarter. Stoneridge Investment Partners LLC now owns 160,049 shares of the auto manufacturer’s stock valued at $1,690,000 after purchasing an additional 37,043 shares during the period. Catalyst Capital Advisors LLC boosted its holdings in Ford Motor by 414.9% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 31,925 shares of the auto manufacturer’s stock valued at $337,000 after purchasing an additional 25,725 shares during the period. Finally, Hazlett Burt & Watson Inc. boosted its holdings in Ford Motor by 2,065.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 9,570 shares of the auto manufacturer’s stock valued at $102,000 after purchasing an additional 9,128 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 2.4 %

Shares of F opened at $10.61 on Wednesday. The stock has a market capitalization of $42.18 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.85 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 stock has a fifty day moving average of $10.77 and a 200-day moving average of $11.59. 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) last issued its quarterly earnings results 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. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.66%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of research reports. Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock 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.