Ford Motor (NYSE:F) Shares Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC grew its holdings in shares of Ford Motor (NYSE:F) by 44.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,669 shares of the auto manufacturer’s stock after purchasing an additional 23,822 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Ford Motor were worth $820,000 as of its most recent SEC filing.

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

Ford Motor Stock Performance

Shares of F opened at $11.05 on Wednesday. The company has a market capitalization of $43.92 billion, a PE ratio of 12.56, a PEG ratio of 2.00 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company’s 50 day moving average price is $10.81 and its 200 day moving average price is $11.48. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

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

Ford Motor Announces Dividend

The company 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 dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Ratings Changes

F has been the subject of a number of research analyst reports. The Goldman Sachs Group raised shares of 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 research note on Tuesday, October 1st. Barclays dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Wells Fargo & Company decreased their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $12.02.

About Ford Motor

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.