Sheaff Brock Investment Advisors LLC Trims Stock Holdings in Ford Motor (NYSE:F)

Sheaff Brock Investment Advisors LLC reduced its position in shares of Ford Motor (NYSE:F) by 1.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 280,004 shares of the auto manufacturer’s stock after selling 4,895 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Ford Motor were worth $2,957,000 at the end of the most recent quarter.

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

Ford Motor Price Performance

Ford Motor stock opened at $11.05 on Friday. The stock has a 50-day moving average price of $10.77 and a two-hundred day moving average price of $11.52. 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 company has a market capitalization of $43.92 billion, a PE ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results 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. The company had revenue of $46.20 billion for 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%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. Analysts expect that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.43%. Ford Motor’s payout ratio is currently 68.18%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on F. Deutsche Bank Aktiengesellschaft lowered their price objective 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 downgraded 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 research report on Thursday, November 7th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Two 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’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus 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.