Ford Motor (NYSE:F) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its holdings in Ford Motor (NYSE:F) by 8.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 291,634 shares of the auto manufacturer’s stock after purchasing an additional 22,704 shares during the quarter. Advisors Asset Management Inc.’s holdings in Ford Motor were worth $3,080,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Insight Wealth Partners LLC boosted its holdings in shares of Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after acquiring an additional 843 shares during the period. Pallas Capital Advisors LLC boosted its stake in Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after purchasing an additional 846 shares during the period. Hilltop National Bank grew its position in Ford Motor by 7.1% during the 2nd quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock worth $178,000 after purchasing an additional 944 shares during the last quarter. Meridian Financial Partners LLC increased its stake in Ford Motor by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the period. Finally, Insight Advisors LLC PA boosted its stake in shares of Ford Motor by 1.6% during the second quarter. Insight Advisors LLC PA now owns 61,942 shares of the auto manufacturer’s stock worth $777,000 after buying an additional 962 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on F shares. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, 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 research 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 issued a buy rating to the company. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.02.

Ford Motor Trading Up 3.5 %

Shares of F stock opened at $11.18 on Friday. The firm’s 50-day simple moving average is $10.83 and its 200-day simple moving average is $11.46. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The firm has a market cap of $44.43 billion, a P/E ratio of 12.70, a PEG ratio of 1.97 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating 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 firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. As a group, equities analysts forecast that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders 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 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 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.