Ford Motor (NYSE:F) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its holdings in Ford Motor (NYSE:FFree Report) by 38.7% during the 3rd quarter, Holdings Channel reports. The firm owned 19,319 shares of the auto manufacturer’s stock after selling 12,191 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Ford Motor were worth $204,000 at the end of the most recent reporting period.

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

Ford Motor Trading Up 2.0 %

NYSE F opened at $11.23 on Tuesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market capitalization of $44.61 billion, a P/E ratio of 12.76, a PEG ratio of 2.00 and a beta of 1.62. The firm’s 50-day moving average is $10.80 and its two-hundred day moving average is $11.49. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:FGet Free Report) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping 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 firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the business posted $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.35%. Ford Motor’s payout ratio is presently 68.18%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on F shares. Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.02.

Get Our Latest Analysis on Ford Motor

About Ford Motor

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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