MeadowBrook Investment Advisors LLC Acquires 5,120 Shares of Ford Motor (NYSE:F)

MeadowBrook Investment Advisors LLC raised its holdings in shares of Ford Motor (NYSE:F) by 59.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,732 shares of the auto manufacturer’s stock after acquiring an additional 5,120 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Ford Motor were worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $25,000. Family Firm Inc. bought a new stake in shares of Ford Motor in the 2nd quarter valued at $26,000. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter valued at $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $30,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. 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. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. 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. Finally, Wolfe Research assumed coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Performance

NYSE:F traded up $0.10 during mid-day trading on Thursday, hitting $11.20. The stock had a trading volume of 8,470,990 shares, compared to its average volume of 53,679,852. The stock has a market cap of $44.51 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 2.01 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 twelve month low of $9.49 and a twelve month high of $14.85. The company’s 50 day simple moving average is $10.77 and its 200 day simple moving average is $11.52.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. On average, equities research analysts forecast that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 5.36%. Ford Motor’s dividend payout ratio is currently 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.