Clear Perspective Advisors LLC grew its position in shares of Ford Motor Company (NYSE:F) by 210.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,719 shares of the auto manufacturer’s stock after acquiring an additional 18,110 shares during the quarter. Clear Perspective Advisors LLC’s holdings in Ford Motor were worth $320,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Captrust Financial Advisors bought a new stake in Ford Motor in the second quarter worth about $106,000. Balentine LLC raised its position in Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after acquiring an additional 365 shares in the last quarter. Archford Capital Strategies LLC raised its position in Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after acquiring an additional 676 shares in the last quarter. Kelman Lazarov Inc. bought a new stake in Ford Motor in the second quarter worth about $116,000. Finally, Godsey & Gibb Associates bought a new stake in Ford Motor in the second quarter worth about $117,000. 53.78% of the stock is owned by institutional investors.
Ford Motor Company (F) traded down $0.07 during trading on Tuesday, reaching $12.56. The company had a trading volume of 4,078,855 shares, compared to its average volume of 37,723,676. The company has a market capitalization of $49,971.56, a PE ratio of 7.49, a price-to-earnings-growth ratio of 0.65 and a beta of 1.24. Ford Motor Company has a fifty-two week low of $10.47 and a fifty-two week high of $13.27. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.10. The business had revenue of $33.65 billion for the quarter, compared to analysts’ expectations of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the business earned $0.26 earnings per share. research analysts predict that Ford Motor Company will post 1.81 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, October 23rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend was Friday, October 20th. Ford Motor’s payout ratio is 54.55%.
F has been the topic of several recent analyst reports. Jefferies Group restated a “neutral” rating on shares of Ford Motor in a report on Monday, August 7th. Instinet cut Ford Motor from a “buy” rating to a “neutral” rating and lowered their target price for the company from $14.80 to $11.60 in a research note on Wednesday, August 9th. BidaskClub cut Ford Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th. Berenberg Bank set a $10.00 price target on Ford Motor and gave the company a “sell” rating in a research note on Monday, August 14th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Ford Motor in a research note on Tuesday, August 15th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $12.61.
In related news, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total value of $237,500.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $11.40, for a total value of $285,000.00. Following the completion of the sale, the insider now directly owns 403,411 shares in the company, valued at approximately $4,598,885.40. The disclosure for this sale can be found here. Insiders sold 116,076 shares of company stock worth $1,383,080 in the last three months. Insiders own 1.08% of the company’s stock.
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Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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