CreativeOne Wealth LLC Boosts Stake in Ford Motor (NYSE:F)

CreativeOne Wealth LLC boosted its position in shares of Ford Motor (NYSE:F) by 38.2% during the third quarter, Holdings Channel.com reports. The firm owned 297,701 shares of the auto manufacturer’s stock after buying an additional 82,298 shares during the quarter. CreativeOne Wealth LLC’s holdings in Ford Motor were worth $3,144,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after buying an additional 5,270,562 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ford Motor by 27.4% during the 2nd 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. Legal & General Group Plc grew its stake in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock worth $399,066,000 after purchasing an additional 318,715 shares during the period. LSV Asset Management grew its stake in Ford Motor by 1.6% in the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after acquiring an additional 312,496 shares during the last quarter. Finally, Swiss National Bank grew its stake in Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after acquiring an additional 84,600 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of F stock opened at $11.11 on Thursday. The stock’s fifty day moving average is $10.85 and its 200-day moving average is $11.44. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market capitalization of $44.13 billion, a PE ratio of 12.62, a PEG ratio of 2.08 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last released 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 business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS. Equities research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm 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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective 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 research report on Friday, August 2nd. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Finally, Wolfe Research initiated coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus 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.