Ford Motor (NYSE:F) Shares Sold by Moors & Cabot Inc.

Moors & Cabot Inc. trimmed its position in Ford Motor (NYSE:F) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,497 shares of the auto manufacturer’s stock after selling 2,367 shares during the quarter. Moors & Cabot Inc.’s holdings in Ford Motor were worth $966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Assenagon Asset Management S.A. boosted its holdings in Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after acquiring an additional 8,824,000 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after purchasing an additional 7,793,944 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Ford Motor by 456.9% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after acquiring an additional 3,281,800 shares during the last quarter. AQR Capital Management LLC boosted its position in Ford Motor by 103.6% during the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after purchasing an additional 2,497,695 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.7 %

Ford Motor stock opened at $10.81 on Friday. The firm has a market cap of $42.94 billion, a price-to-earnings ratio of 12.28, a P/E/G ratio of 2.01 and a beta of 1.62. The firm has a fifty day moving average price of $10.82 and a two-hundred day moving average price of $11.47. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. 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 (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.55%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on F shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.02.

About Ford Motor

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.