Ford Motor (NYSE:F) Shares Sold by Mizuho Securities USA LLC

Mizuho Securities USA LLC decreased its position in Ford Motor (NYSE:F) by 16.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 253,179 shares of the auto manufacturer’s stock after selling 49,182 shares during the quarter. Mizuho Securities USA LLC’s holdings in Ford Motor were worth $2,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in Ford Motor during the second quarter worth about $25,000. Family Firm Inc. purchased a new position in shares of Ford Motor during the 2nd quarter worth about $26,000. Quarry LP acquired a new stake in shares of Ford Motor in the second quarter worth approximately $27,000. Ridgewood Investments LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC acquired a new position in Ford Motor during the second quarter worth approximately $30,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on F shares. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Wolfe Research initiated coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

NYSE:F opened at $11.18 on Friday. The firm has a 50-day moving average of $10.83 and a two-hundred day moving average of $11.46. 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 stock has a market cap of $44.43 billion, a P/E ratio of 12.70, a PEG ratio of 2.01 and a beta of 1.62. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the business posted $0.39 earnings per share. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

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 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

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.