Stoneridge Investment Partners LLC Raises Holdings in Ford Motor (NYSE:F)

Stoneridge Investment Partners LLC grew its holdings in Ford Motor (NYSE:F) by 30.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 160,049 shares of the auto manufacturer’s stock after buying an additional 37,043 shares during the quarter. Stoneridge Investment Partners LLC’s holdings in Ford Motor were worth $1,690,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Insight Wealth Partners LLC lifted its holdings in Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after acquiring an additional 843 shares during the period. Pallas Capital Advisors LLC lifted its stake in shares of Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after purchasing an additional 846 shares during the period. RB Capital Management LLC lifted its stake in shares of Ford Motor by 2.9% in the first quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock valued at $403,000 after purchasing an additional 857 shares during the period. Freestone Capital Holdings LLC grew its position in Ford Motor by 5.0% during the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock worth $244,000 after buying an additional 875 shares during the period. Finally, Hilltop National Bank increased its holdings in Ford Motor by 7.1% in the second quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock valued at $178,000 after buying an additional 944 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on F shares. Wells Fargo & Company decreased their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Barclays dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. 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 stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $12.41.

Ford Motor Stock Up 1.4 %

Shares of NYSE F opened at $10.36 on Tuesday. The firm has a market cap of $41.18 billion, a P/E ratio of 11.77, a price-to-earnings-growth ratio of 1.85 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The firm’s 50 day moving average price is $10.78 and its 200 day moving average price is $11.60.

Ford Motor (NYSE:F) last announced 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. 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 during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the business earned $0.39 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced 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 of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.79%. Ford Motor’s dividend payout ratio is presently 68.18%.

About Ford Motor

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.