MQS Management LLC purchased a new stake in shares of Ford Motor (NYSE:F – Free Report) in the third quarter, HoldingsChannel.com reports. The firm purchased 18,122 shares of the auto manufacturer’s stock, valued at approximately $191,000.
A number of other institutional investors have also recently added to or reduced their stakes in F. Insight Wealth Partners LLC boosted its position in shares of Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after buying an additional 843 shares during the period. Pallas Capital Advisors LLC boosted its position in shares of Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 846 shares during the period. RB Capital Management LLC boosted its position in shares of Ford Motor by 2.9% in the first quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock worth $403,000 after buying an additional 857 shares during the period. Freestone Capital Holdings LLC boosted its position in shares of Ford Motor by 5.0% in the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock worth $244,000 after buying an additional 875 shares during the period. Finally, Hilltop National Bank boosted its holdings in Ford Motor by 7.1% in the second quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock valued at $178,000 after purchasing an additional 944 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Ford Motor Stock Down 0.5 %
Shares of Ford Motor stock opened at $11.01 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The business’s 50 day simple moving average is $10.78 and its 200-day simple moving average is $11.52. The stock has a market capitalization of $43.76 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 2.01 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.
Wall Street Analysts Forecast Growth
F has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their price target 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, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target 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.
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