Ford Motor (NYSE:F) Shares Sold by Sargent Investment Group LLC

Sargent Investment Group LLC cut its stake in Ford Motor (NYSE:F) by 15.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,070 shares of the auto manufacturer’s stock after selling 29,190 shares during the period. Sargent Investment Group LLC’s holdings in Ford Motor were worth $1,680,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in F. Envestnet Portfolio Solutions Inc. grew its position in Ford Motor by 3.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 63,372 shares of the auto manufacturer’s stock worth $842,000 after buying an additional 1,942 shares during the last quarter. Empowered Funds LLC raised its position in shares of Ford Motor by 24.0% during the first quarter. Empowered Funds LLC now owns 79,963 shares of the auto manufacturer’s stock worth $1,062,000 after purchasing an additional 15,480 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of Ford Motor by 2.8% during the first quarter. Bleakley Financial Group LLC now owns 64,979 shares of the auto manufacturer’s stock valued at $863,000 after purchasing an additional 1,755 shares during the last quarter. Koshinski Asset Management Inc. increased its stake in Ford Motor by 100.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 39,188 shares of the auto manufacturer’s stock worth $520,000 after purchasing an additional 19,619 shares in the last quarter. Finally, TBH Global Asset Management LLC acquired a new stake in Ford Motor during the 1st quarter worth about $295,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two investment 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.12 during midday trading on Thursday, reaching $11.22. The company’s stock had a trading volume of 14,428,802 shares, compared to its average volume of 53,702,629. The business’s fifty day simple moving average is $10.77 and its 200-day simple moving average is $11.52. The company has a market capitalization of $44.59 billion, a P/E ratio of 12.68, a P/E/G ratio of 2.01 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during 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%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 EPS. As a group, equities research analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.35%. Ford Motor’s dividend 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.