Nwam LLC Buys New Position in Ford Motor (NYSE:F)

Nwam LLC bought a new stake in shares of Ford Motor (NYSE:F) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 36,313 shares of the auto manufacturer’s stock, valued at approximately $383,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in F. Olistico Wealth LLC acquired a new position in Ford Motor during the second quarter worth about $25,000. Family Firm Inc. acquired a new position 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 worth approximately $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC bought a new stake in Ford Motor during the second quarter worth approximately $30,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

NYSE:F opened at $11.18 on Monday. The firm has a market capitalization of $44.43 billion, a PE ratio of 12.70, a PEG ratio of 1.97 and a beta of 1.62. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. 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 firm’s fifty day simple moving average is $10.83 and its 200 day simple moving average is $11.45.

Ford Motor (NYSE:F) last issued its quarterly earnings results 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 company 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%. During the same period last year, the business posted $0.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 1.81 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. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.37%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Wall Street Analyst Weigh In

F has been the topic of several research reports. Wells Fargo & Company dropped their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. 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 note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Finally, Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Two equities research 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.02.

Ford Motor Company 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.