52,634 Shares in Ford Motor Company $F Bought by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new stake in Ford Motor Company (NYSE:F) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 52,634 shares of the auto manufacturer’s stock, valued at approximately $659,000.

Several other hedge funds have also added to or reduced their stakes in F. Ninety One UK Ltd bought a new position in Ford Motor during the third quarter worth $25,000. Manning & Napier Advisors LLC bought a new position in shares of Ford Motor in the second quarter valued at about $31,000. Legacy Wealth Managment LLC ID raised its position in shares of Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares during the period. Laurel Wealth Advisors LLC bought a new position in shares of Ford Motor in the third quarter valued at about $36,000. Finally, MidFirst Bank acquired a new stake in shares of Ford Motor during the 2nd quarter worth about $43,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on F shares. Citigroup raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. The Goldman Sachs Group lowered their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, October 29th. Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, August 11th. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Jefferies Financial Group upgraded Ford Motor from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $14.50 to $17.50 in a report on Monday, July 27th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $15.02.

Ford Motor Trading Down 2.1%

Shares of Ford Motor stock opened at $12.26 on Wednesday. The firm has a 50-day moving average of $12.68 and a 200-day moving average of $13.32. The stock has a market cap of $48.94 billion, a PE ratio of -6.22, a PEG ratio of 0.24 and a beta of 1.88. Ford Motor Company has a 52-week low of $11.11 and a 52-week high of $17.78. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.94 and a current ratio of 1.08.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.89%. The business had revenue of $49.53 billion for the quarter, compared to analyst estimates of $49.08 billion. During the same period last year, the firm earned $0.45 earnings per share. Ford Motor’s revenue for the quarter was down 2.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor Company will post 1.90 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. Ford Motor’s payout ratio is currently -30.46%.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets and services vehicles under the Ford and Lincoln brands. Its lineup includes cars, trucks, sport utility vehicles and commercial vehicles, as well as battery-electric and hybrid models. The company also provides vehicle-related services and financing through Ford Credit. Ford serves customers in North America and markets around the world, including Europe, South America and the Asia-Pacific region. Its operations include vehicle development and manufacturing, sales and after-sales support, and services for commercial fleet customers.