Blackston Financial Advisory Group LLC Acquires 1,892 Shares of Ford Motor (NYSE:F)

Blackston Financial Advisory Group LLC raised its holdings in Ford Motor (NYSE:F) by 9.9% in the third quarter, Holdings Channel reports. The firm owned 20,995 shares of the auto manufacturer’s stock after purchasing an additional 1,892 shares during the period. Blackston Financial Advisory Group LLC’s holdings in Ford Motor were worth $222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Global Assets Advisory LLC bought a new stake in Ford Motor in the 1st quarter valued at about $735,000. 180 Wealth Advisors LLC lifted its stake in shares of Ford Motor by 15.2% during the 1st quarter. 180 Wealth Advisors LLC now owns 51,147 shares of the auto manufacturer’s stock valued at $679,000 after buying an additional 6,767 shares in the last quarter. Hengehold Capital Management LLC boosted its holdings in Ford Motor by 10.7% in the 1st quarter. Hengehold Capital Management LLC now owns 11,100 shares of the auto manufacturer’s stock worth $147,000 after buying an additional 1,073 shares during the period. Hennessy Advisors Inc. grew its stake in Ford Motor by 6.5% in the 1st quarter. Hennessy Advisors Inc. now owns 445,800 shares of the auto manufacturer’s stock valued at $5,920,000 after buying an additional 27,200 shares in the last quarter. Finally, Register Financial Advisors LLC raised its holdings in Ford Motor by 13.5% during the 1st quarter. Register Financial Advisors LLC now owns 12,491 shares of the auto manufacturer’s stock valued at $166,000 after acquiring an additional 1,485 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on F. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Wolfe Research started coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Two equities 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Stock Up 0.1 %

Shares of NYSE:F opened at $11.25 on Friday. The firm has a market capitalization of $44.91 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The firm has a fifty day moving average of $10.80 and a 200 day moving average of $11.72.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. Ford Motor’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 earnings per share. As a group, research analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

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.