Parthenon LLC Takes Position in Ford Motor (NYSE:F)

Parthenon LLC bought a new position in shares of Ford Motor (NYSE:F) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,016 shares of the auto manufacturer’s stock, valued at approximately $116,000.

Other institutional investors also recently bought and sold shares of the company. Olistico Wealth LLC purchased a new stake in shares of Ford Motor during the 2nd quarter valued at about $25,000. Family Firm Inc. bought a new stake in shares of Ford Motor during the second quarter worth $26,000. Quarry LP purchased a new position in Ford Motor in the 2nd quarter worth about $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor during the 2nd quarter valued at about $28,000. Finally, Kimelman & Baird LLC purchased a new stake in Ford Motor in the 2nd quarter valued at about $30,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.1 %

F traded up $0.01 during trading on Wednesday, hitting $11.11. The stock had a trading volume of 12,468,021 shares, compared to its average volume of 53,691,336. The stock has a 50 day simple moving average of $10.77 and a two-hundred day simple moving average of $11.53. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a market capitalization of $44.15 billion, a PE ratio of 12.62, a PEG ratio of 2.04 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter last year, the firm earned $0.39 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. 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 5.40%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on F shares. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Barclays dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $12.02.

About Ford Motor

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.