Ford Motor (NYSE:F) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its holdings in Ford Motor (NYSE:F) by 177.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,934 shares of the auto manufacturer’s stock after purchasing an additional 41,551 shares during the quarter. Larson Financial Group LLC’s holdings in Ford Motor were worth $686,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of 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 during the second quarter valued at approximately $26,000. Quarry LP acquired a new stake in Ford Motor during the second quarter worth approximately $27,000. Ridgewood Investments LLC purchased a new stake in Ford Motor in the 2nd 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 owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent analyst reports. Wolfe Research initiated coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Up 2.0 %

Shares of NYSE F opened at $11.40 on Tuesday. The stock has a fifty day moving average price of $10.84 and a 200 day moving average price of $11.45. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a market cap of $45.31 billion, a P/E ratio of 12.95, a P/E/G ratio of 2.04 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its 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. The business had revenue of $46.20 billion for 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 company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. Research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced 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 is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.26%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.