WoodTrust Financial Corp Acquires 6,519 Shares of Ford Motor (NYSE:F)

WoodTrust Financial Corp lifted its holdings in Ford Motor (NYSE:F) by 29.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,428 shares of the auto manufacturer’s stock after acquiring an additional 6,519 shares during the period. WoodTrust Financial Corp’s holdings in Ford Motor were worth $300,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on F. Wells Fargo & Company decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Morgan Stanley lowered shares of 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, Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Up 5.6 %

Shares of F opened at $11.19 on Thursday. The company has a market capitalization of $44.48 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 1.88 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The stock’s 50-day moving average price is $10.77 and its 200-day moving average price is $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.

Ford Motor (NYSE:F) last issued 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. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter last year, the company earned $0.39 EPS. The business’s revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts predict 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. Shareholders of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.36%. Ford Motor’s payout ratio is 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.