11,628 Shares in Ford Motor (NYSE:F) Bought by Austin Private Wealth LLC

Austin Private Wealth LLC bought a new position in Ford Motor (NYSE:F) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,628 shares of the auto manufacturer’s stock, valued at approximately $123,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. NorthRock Partners LLC lifted its position in Ford Motor by 6.8% in the third quarter. NorthRock Partners LLC now owns 18,009 shares of the auto manufacturer’s stock worth $190,000 after purchasing an additional 1,139 shares during the period. Stoneridge Investment Partners LLC lifted its holdings in shares of Ford Motor by 30.1% during the third quarter. Stoneridge Investment Partners LLC now owns 160,049 shares of the auto manufacturer’s stock valued at $1,690,000 after acquiring an additional 37,043 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in shares of Ford Motor by 414.9% during the third quarter. Catalyst Capital Advisors LLC now owns 31,925 shares of the auto manufacturer’s stock valued at $337,000 after acquiring an additional 25,725 shares during the period. Hazlett Burt & Watson Inc. lifted its holdings in shares of Ford Motor by 2,065.2% during the third quarter. Hazlett Burt & Watson Inc. now owns 9,570 shares of the auto manufacturer’s stock valued at $102,000 after acquiring an additional 9,128 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of Ford Motor by 1.2% during the third quarter. Asset Management One Co. Ltd. now owns 1,428,642 shares of the auto manufacturer’s stock valued at $15,086,000 after acquiring an additional 17,461 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Price Performance

Shares of F stock opened at $10.61 on Wednesday. The stock has a 50-day moving average price of $10.77 and a 200 day moving average price of $11.59. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a market cap of $42.18 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.85 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 announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. Research analysts expect that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.66%. Ford Motor’s payout ratio is 68.18%.

Analysts Set New Price Targets

A number of research analysts have issued reports on F shares. Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $12.41.

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.