Ford Motor (NYSE:F) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its holdings in Ford Motor (NYSE:F) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,021 shares of the auto manufacturer’s stock after selling 2,206 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Ford Motor were worth $539,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of F. Olistico Wealth LLC purchased a new stake in Ford Motor during the 2nd quarter valued at about $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor during the second quarter worth about $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC acquired a new position in Ford Motor in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Wolfe Research began coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $12.02.

Ford Motor Trading Down 0.5 %

Shares of Ford Motor stock opened at $11.01 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market capitalization of $43.76 billion, a PE ratio of 12.51, a P/E/G ratio of 2.01 and a beta of 1.62. The firm’s 50-day moving average price is $10.78 and its 200 day moving average price is $11.52.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. On average, sell-side analysts predict that Ford Motor will post 1.82 EPS 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. Stockholders of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

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.