Tandem Capital Management Corp ADV boosted its stake in Ford Motor (NYSE:F – Free Report) by 18.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 24,695 shares of the auto manufacturer’s stock after buying an additional 3,800 shares during the period. Tandem Capital Management Corp ADV’s holdings in Ford Motor were worth $261,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Olistico Wealth LLC acquired a new stake in Ford Motor in the 2nd quarter valued at $25,000. Family Firm Inc. acquired a new position in Ford Motor in the second quarter worth $26,000. Quarry LP acquired a new position in Ford Motor in the second quarter worth $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the second quarter worth $28,000. Finally, Kimelman & Baird LLC acquired a new position in Ford Motor in the second quarter worth $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have commented on F. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $12.41.
Ford Motor Trading Up 0.5 %
F stock opened at $10.47 on Thursday. The business has a fifty day moving average of $10.83 and a 200-day moving average of $11.64. The company has a market cap of $41.78 billion, a P/E ratio of 10.79, a PEG ratio of 1.58 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.39 earnings per share. As a group, equities research analysts expect that Ford Motor will post 1.86 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued 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 5.73%. Ford Motor’s dividend payout ratio is presently 61.86%.
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.
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