Truvestments Capital LLC Invests $37,000 in Ford Motor (NYSE:F)

Truvestments Capital LLC acquired a new position in shares of Ford Motor (NYSE:F) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,521 shares of the auto manufacturer’s stock, valued at approximately $37,000.

Several other large investors have also recently bought and sold shares of F. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the second quarter worth about $25,000. Family Firm Inc. bought a new position in Ford Motor in the second quarter valued at approximately $26,000. Quarry LP acquired a new position in shares of Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC acquired a new stake in shares of Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new stake in Ford Motor in the 2nd quarter valued at $30,000. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Barclays decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Price Performance

Shares of NYSE F opened at $11.11 on Thursday. 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 business’s 50 day moving average price is $10.85 and its two-hundred day moving average price is $11.44. The company has a market cap of $44.13 billion, a PE ratio of 12.62, a price-to-earnings-growth ratio of 2.08 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share 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 business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the business earned $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The business 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 $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 5.40%. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Ford Motor Company 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.