Ford Motor (NYSE:F) Shares Bought by NorthRock Partners LLC

NorthRock Partners LLC grew its stake in shares of Ford Motor (NYSE:F) by 6.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,009 shares of the auto manufacturer’s stock after acquiring an additional 1,139 shares during the quarter. NorthRock Partners LLC’s holdings in Ford Motor were worth $190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Stoneridge Investment Partners LLC increased its stake in shares of Ford Motor by 30.1% during the 3rd quarter. Stoneridge Investment Partners LLC now owns 160,049 shares of the auto manufacturer’s stock valued at $1,690,000 after acquiring an additional 37,043 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of Ford Motor by 414.9% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 31,925 shares of the auto manufacturer’s stock valued at $337,000 after acquiring an additional 25,725 shares during the last quarter. Hazlett Burt & Watson Inc. increased its stake in shares of Ford Motor by 2,065.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 9,570 shares of the auto manufacturer’s stock valued at $102,000 after acquiring an additional 9,128 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of Ford Motor by 1.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,428,642 shares of the auto manufacturer’s stock worth $15,086,000 after purchasing an additional 17,461 shares during the period. Finally, National Pension Service grew its holdings in shares of Ford Motor by 19.7% during the 3rd quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock worth $106,815,000 after purchasing an additional 1,663,460 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

F stock opened at $11.19 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a market cap of $44.48 billion, a P/E ratio of 12.72, a P/E/G ratio of 1.85 and a beta of 1.62. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock’s 50 day simple moving average is $10.77 and its 200 day simple moving average is $11.59.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.36%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on F. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Wells Fargo & Company decreased their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.41.

Ford Motor 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.