Nisa Investment Advisors LLC Sells 92,842 Shares of Ford Motor Company $F

Nisa Investment Advisors LLC lessened its holdings in Ford Motor Company (NYSE:F) by 12.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 669,056 shares of the auto manufacturer’s stock after selling 92,842 shares during the period. Nisa Investment Advisors LLC’s holdings in Ford Motor were worth $8,069,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Integrated Advisors Network LLC boosted its stake in shares of Ford Motor by 18.4% in the third quarter. Integrated Advisors Network LLC now owns 17,064 shares of the auto manufacturer’s stock worth $206,000 after acquiring an additional 2,649 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Ford Motor by 5.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,976,662 shares of the auto manufacturer’s stock worth $35,899,000 after purchasing an additional 162,776 shares in the last quarter. 55 North Private Wealth LLC grew its position in shares of Ford Motor by 6.2% during the third quarter. 55 North Private Wealth LLC now owns 16,322 shares of the auto manufacturer’s stock worth $197,000 after purchasing an additional 953 shares in the last quarter. Investment Research Partners LLC raised its stake in Ford Motor by 12.0% during the 3rd quarter. Investment Research Partners LLC now owns 50,768 shares of the auto manufacturer’s stock valued at $612,000 after purchasing an additional 5,449 shares during the period. Finally, Retirement Planning Group LLC raised its stake in Ford Motor by 58.0% during the 3rd quarter. Retirement Planning Group LLC now owns 26,112 shares of the auto manufacturer’s stock valued at $315,000 after purchasing an additional 9,581 shares during the period. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

F has been the topic of a number of research analyst reports. TD Cowen boosted their price target on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Citigroup raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $19.00 to $20.00 in a report on Wednesday, July 29th. BNP Paribas Exane increased their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday, July 30th. Barclays lifted their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Finally, Piper Sandler boosted their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $15.36.

Ford Motor Stock Up 0.4%

F opened at $11.95 on Friday. The firm has a 50-day simple moving average of $13.18 and a two-hundred day simple moving average of $13.59. Ford Motor Company has a 52 week low of $11.11 and a 52 week high of $17.78. The company has a market capitalization of $47.64 billion, a PE ratio of -6.39, a price-to-earnings-growth ratio of 0.24 and a beta of 1.93. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%. The firm had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter last year, the business posted $0.37 earnings per share. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. Analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s payout ratio is currently -32.09%.

About Ford Motor

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.