Ford Motor (NYSE:F) Shares Sold by Quantum Private Wealth LLC

Quantum Private Wealth LLC lowered its holdings in Ford Motor (NYSE:F) by 21.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,278 shares of the auto manufacturer’s stock after selling 10,233 shares during the quarter. Quantum Private Wealth LLC’s holdings in Ford Motor were worth $394,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Olistico Wealth LLC acquired a new stake in Ford Motor during the 2nd quarter worth about $25,000. Family Firm Inc. purchased a new stake in shares of Ford Motor in the second quarter worth about $26,000. Quarry LP acquired a new stake in Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC purchased a new position in Ford Motor during the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.7 %

F stock opened at $10.88 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a 50-day moving average of $10.77 and a two-hundred day moving average of $11.59. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a market cap of $43.25 billion, a price-to-earnings ratio of 12.44, a PEG ratio of 1.88 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating 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 return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share. As a group, analysts forecast that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.51%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analysts Set New Price Targets

Several research firms have commented on F. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wolfe Research started coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, Wells Fargo & Company cut their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $12.02.

Ford Motor 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.