B. Riley Wealth Advisors Inc. Lowers Stock Position in Ford Motor (NYSE:F)

B. Riley Wealth Advisors Inc. lessened its stake in shares of Ford Motor (NYSE:F) by 43.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 213,134 shares of the auto manufacturer’s stock after selling 164,869 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Ford Motor were worth $2,238,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of F. Family Firm Inc. acquired a new stake in shares of Ford Motor during the second quarter worth about $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC acquired a new stake in shares of Ford Motor during the second quarter worth about $28,000. Kimelman & Baird LLC acquired a new stake in shares of Ford Motor during the second quarter worth about $30,000. Finally, Reston Wealth Management LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $10.39 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company’s 50 day moving average is $10.85 and its two-hundred day moving average is $11.31. The stock has a market cap of $41.29 billion, a P/E ratio of 11.81, a PEG ratio of 1.90 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.77%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Ratings Changes

Several brokerages recently weighed in on F. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Barclays reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $12.09.

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.