Good Life Advisors LLC Boosts Stock Holdings in Ford Motor (NYSE:F)

Good Life Advisors LLC increased its position in Ford Motor (NYSE:F) by 101.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 150,472 shares of the auto manufacturer’s stock after acquiring an additional 75,680 shares during the period. Good Life Advisors LLC’s holdings in Ford Motor were worth $1,589,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Avaii Wealth Management LLC purchased a new position in Ford Motor in the 3rd quarter worth about $112,000. nVerses Capital LLC lifted its position in Ford Motor by 239.6% during the third quarter. nVerses Capital LLC now owns 95,100 shares of the auto manufacturer’s stock valued at $1,004,000 after purchasing an additional 67,100 shares during the period. Cornerstone Wealth Management LLC boosted its holdings in Ford Motor by 3.2% in the third quarter. Cornerstone Wealth Management LLC now owns 87,268 shares of the auto manufacturer’s stock worth $922,000 after purchasing an additional 2,710 shares during the last quarter. Alliance Wealth Advisors LLC grew its position in Ford Motor by 42.3% in the 3rd quarter. Alliance Wealth Advisors LLC now owns 29,801 shares of the auto manufacturer’s stock worth $315,000 after purchasing an additional 8,860 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC raised its stake in Ford Motor by 6.0% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 123,523 shares of the auto manufacturer’s stock valued at $1,304,000 after buying an additional 7,021 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

F has been the topic of a number of research reports. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. 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. Royal Bank of Canada cut their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research report on Monday, August 12th. Finally, The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Stock Up 0.5 %

Shares of F stock opened at $11.08 on Friday. The company has a market capitalization of $44.24 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.77 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. The company’s fifty day moving average price is $10.73 and its 200-day moving average price is $11.80. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.42%. Ford Motor’s payout ratio is 61.86%.

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.