Mn Services Vermogensbeheer B.V. Lowers Stock Position in Ford Motor (NYSE:F)

Mn Services Vermogensbeheer B.V. lowered its position in Ford Motor (NYSE:F) by 2.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,507,700 shares of the auto manufacturer’s stock after selling 37,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Ford Motor were worth $15,921,000 at the end of the most recent quarter.

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

Ford Motor Stock Up 1.4 %

Shares of NYSE:F opened at $10.36 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The stock has a market cap of $41.18 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 1.87 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 $11.60.

Ford Motor (NYSE:F) last posted 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 during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the business earned $0.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts predict that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced 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 is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.79%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analysts Set New Price Targets

F has been the topic of several analyst reports. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Two investment 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. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average 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.