Apella Capital LLC Makes New $284,000 Investment in Ford Motor (NYSE:F)

Apella Capital LLC acquired a new position in Ford Motor (NYSE:F) during the third quarter, Holdings Channel reports. The firm acquired 27,059 shares of the auto manufacturer’s stock, valued at approximately $284,000.

Other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after buying an additional 59,082 shares in the last quarter. Wedmont Private Capital lifted its holdings in shares of Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after purchasing an additional 4,255 shares during the last quarter. Hodges Capital Management Inc. boosted its position in shares of Ford Motor by 18.3% in the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after purchasing an additional 14,750 shares during the period. Park Avenue Securities LLC increased its position in shares of Ford Motor by 9.6% in the first quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock worth $2,071,000 after acquiring an additional 13,597 shares in the last quarter. Finally, Fairman Group LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on F shares. Royal Bank of Canada dropped their price target on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Barclays decreased their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research report on Tuesday. Two equities 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, the company has a consensus rating of “Hold” and an average price target of $12.72.

Ford Motor Price Performance

Shares of Ford Motor stock traded up $0.12 during midday trading on Friday, hitting $10.57. 45,967,802 shares of the company were exchanged, compared to its average volume of 53,944,707. The firm has a 50 day simple moving average of $10.64 and a 200-day simple moving average of $11.93. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The firm has a market cap of $42.20 billion, a P/E ratio of 10.89, a PEG ratio of 0.79 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 EPS. Research analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.68%. Ford Motor’s payout ratio is 61.86%.

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.