Community Bank N.A. Acquires 1,900 Shares of Ford Motor (NYSE:F)

Community Bank N.A. grew its holdings in Ford Motor (NYSE:F) by 76.0% in the third quarter, Holdings Channel reports. The firm owned 4,400 shares of the auto manufacturer’s stock after buying an additional 1,900 shares during the quarter. Community Bank N.A.’s holdings in Ford Motor were worth $46,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. ING Groep NV lifted its position in Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after purchasing an additional 570,293 shares during the period. OneAscent Financial Services LLC purchased a new stake in Ford Motor during the 3rd quarter valued at $545,000. GSA Capital Partners LLP lifted its holdings in shares of Ford Motor by 20.8% during the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after buying an additional 15,729 shares during the period. Quantbot Technologies LP lifted its holdings in shares of Ford Motor by 1,157.9% during the 3rd quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock valued at $1,911,000 after buying an additional 166,617 shares during the period. Finally, Czech National Bank boosted its stake in shares of Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after buying an additional 48,456 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on F shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Performance

NYSE:F opened at $10.98 on Tuesday. The stock has a 50-day moving average price of $10.86 and a 200 day moving average price of $11.41. The stock has a market capitalization of $43.64 billion, a P/E ratio of 12.48, a P/E/G ratio of 2.03 and a beta of 1.62. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. 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 (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the firm posted $0.39 EPS. The company’s revenue was up 5.5% on a year-over-year basis. Equities research analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.46%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio 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.