CreativeOne Wealth LLC Buys 82,298 Shares of Ford Motor (NYSE:F)

CreativeOne Wealth LLC lifted its position in shares of Ford Motor (NYSE:F) by 38.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 297,701 shares of the auto manufacturer’s stock after buying an additional 82,298 shares during the period. CreativeOne Wealth LLC’s holdings in Ford Motor were worth $3,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Blueshift Asset Management LLC boosted its position in Ford Motor by 33.2% during the third quarter. Blueshift Asset Management LLC now owns 143,674 shares of the auto manufacturer’s stock valued at $1,517,000 after purchasing an additional 35,809 shares during the last quarter. Bridgewater Associates LP bought a new stake in Ford Motor in the third quarter valued at approximately $12,634,000. Freedom Investment Management Inc. raised its stake in Ford Motor by 8.6% in the third quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock valued at $153,000 after buying an additional 1,142 shares during the period. Townsquare Capital LLC raised its stake in Ford Motor by 8.9% in the third quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock valued at $994,000 after buying an additional 7,650 shares during the period. Finally, Cadence Bank bought a new stake in Ford Motor in the third quarter valued at approximately $267,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Deutsche Bank Aktiengesellschaft cut their target price 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. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. Barclays cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two equities 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 company’s stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $12.02.

Ford Motor Price Performance

Ford Motor stock opened at $11.11 on Thursday. The stock has a market cap of $44.13 billion, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 2.08 and a beta of 1.62. 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 50-day moving average of $10.85 and a two-hundred day moving average of $11.44.

Ford Motor (NYSE:F) last posted 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. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS. On average, research analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm 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 is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.40%. Ford Motor’s payout ratio is currently 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.