Ford Motor (NYSE:F) Shares Purchased by ING Groep NV

ING Groep NV raised its holdings in Ford Motor (NYSE:F) by 93.4% during the third quarter, HoldingsChannel reports. The firm owned 1,181,128 shares of the auto manufacturer’s stock after buying an additional 570,293 shares during the period. ING Groep NV’s holdings in Ford Motor were worth $12,473,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in F. Czech National Bank grew its position in Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after buying an additional 48,456 shares during the last quarter. Claro Advisors LLC boosted its holdings in shares of Ford Motor by 333.6% in the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock valued at $625,000 after acquiring an additional 45,532 shares in the last quarter. 1834 Investment Advisors Co. increased its stake in shares of Ford Motor by 87.7% during the third quarter. 1834 Investment Advisors Co. now owns 274,433 shares of the auto manufacturer’s stock worth $2,898,000 after acquiring an additional 128,256 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after purchasing an additional 59,082 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in Ford Motor by 49.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock valued at $10,546,000 after purchasing an additional 329,631 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Down 0.3 %

Shares of Ford Motor stock opened at $11.07 on Friday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. 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 business has a 50 day moving average price of $10.77 and a 200 day moving average price of $11.52. The company has a market capitalization of $44.00 billion, a P/E ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (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 business’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 earnings per share. Sell-side analysts anticipate that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.42%. Ford Motor’s dividend payout ratio is currently 68.18%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on F. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $12.02.

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.