Childress Capital Advisors LLC Raises Position in Ford Motor (NYSE:F)

Childress Capital Advisors LLC boosted its position in shares of Ford Motor (NYSE:F) by 29.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,596 shares of the auto manufacturer’s stock after buying an additional 12,389 shares during the quarter. Childress Capital Advisors LLC’s holdings in Ford Motor were worth $577,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of F. Czech National Bank grew its holdings in Ford Motor by 6.5% in the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after purchasing an additional 48,456 shares during the period. Claro Advisors LLC increased its holdings in shares of Ford Motor by 333.6% in the 3rd quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock worth $625,000 after purchasing an additional 45,532 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of 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 worth $71,039,000 after purchasing an additional 59,082 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Ford Motor by 9.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,994,819 shares of the auto manufacturer’s stock valued at $32,284,000 after purchasing an additional 266,256 shares in the last quarter. Finally, Brookstone Capital Management boosted its position in shares of Ford Motor by 8.5% during the third quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer’s stock valued at $10,086,000 after buying an additional 75,193 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on F. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research note on Tuesday, September 10th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.48.

Ford Motor Price Performance

NYSE F opened at $10.41 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock has a market cap of $41.54 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 1.58 and a beta of 1.62. The company’s 50 day moving average is $10.84 and its two-hundred day moving average is $11.65.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.39 EPS. As a group, research analysts anticipate that Ford Motor will post 1.86 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.