Nicolet Advisory Services LLC Grows Stock Position in Ford Motor (NYSE:F)

Nicolet Advisory Services LLC increased its holdings in Ford Motor (NYSE:F) by 78.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 28,246 shares of the auto manufacturer’s stock after acquiring an additional 12,409 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Ford Motor were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in F. ING Groep NV raised its position in Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after acquiring an additional 570,293 shares during the period. OneAscent Financial Services LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $545,000. GSA Capital Partners LLP increased its stake in shares of Ford Motor by 20.8% in the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock worth $964,000 after purchasing an additional 15,729 shares in the last quarter. Czech National Bank raised its holdings in Ford Motor by 6.5% in the 3rd 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. Finally, Claro Advisors LLC lifted its position in Ford Motor by 333.6% during the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock valued at $625,000 after purchasing an additional 45,532 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE F opened at $11.18 on Monday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm’s fifty day moving average is $10.83 and its two-hundred day moving average is $11.45. The company has a market cap of $44.43 billion, a P/E ratio of 12.70, a P/E/G ratio of 1.97 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Analyst Ratings Changes

A number of analysts have commented on F shares. 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 research report on Wednesday, October 30th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wells Fargo & Company lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.