B.O.S.S. Retirement Advisors LLC Purchases 7,021 Shares of Ford Motor (NYSE:F)

B.O.S.S. Retirement Advisors LLC raised its holdings in shares of Ford Motor (NYSE:F) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,523 shares of the auto manufacturer’s stock after acquiring an additional 7,021 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in Ford Motor were worth $1,304,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in F. Czech National Bank lifted its position in shares of Ford Motor by 6.5% in the third 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 in the last quarter. Price T Rowe Associates Inc. MD increased its position in Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after purchasing an additional 59,082 shares during the last quarter. Wedmont Private Capital raised its stake in Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after purchasing an additional 4,255 shares in the last quarter. Hodges Capital Management Inc. lifted its position in Ford Motor by 18.3% during the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after purchasing an additional 14,750 shares during the last quarter. Finally, Brookstone Capital Management lifted its position in Ford Motor by 8.5% during the third quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer’s stock valued at $10,086,000 after purchasing an additional 75,193 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on F shares. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, StockNews.com raised shares of 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 issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Price Performance

F opened at $11.03 on Thursday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The business’s fifty day simple moving average is $10.71 and its 200-day simple moving average is $11.80. The company has a market capitalization of $44.04 billion, a price-to-earnings ratio of 11.37, a PEG ratio of 0.77 and a beta of 1.62. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. During the same period last year, the business posted $0.72 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities research analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.44%. Ford Motor’s dividend payout ratio is currently 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.