Nisa Investment Advisors LLC Purchases 22,505 Shares of Ford Motor Company $F

Nisa Investment Advisors LLC raised its position in shares of Ford Motor Company (NYSE:F) by 4.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 591,939 shares of the auto manufacturer’s stock after purchasing an additional 22,505 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Ford Motor were worth $6,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trust Co. of Toledo NA OH bought a new stake in shares of Ford Motor during the 2nd quarter valued at $25,000. Elite Financial Inc. purchased a new stake in shares of Ford Motor during the first quarter worth about $27,000. Olde Wealth Management LLC bought a new position in Ford Motor in the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC purchased a new stake in Ford Motor during the 1st quarter valued at approximately $30,000. Finally, WPG Advisers LLC bought a new stake in shares of Ford Motor during the first quarter valued at approximately $33,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on F. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their target price for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Citigroup raised their price target on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday. Finally, UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.61.

Ford Motor Stock Performance

Shares of NYSE:F opened at $13.15 on Wednesday. The firm’s 50 day simple moving average is $11.92 and its 200-day simple moving average is $11.13. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. Ford Motor Company has a one year low of $8.44 and a one year high of $13.97. The firm has a market cap of $52.33 billion, a PE ratio of 11.33, a price-to-earnings-growth ratio of 3.95 and a beta of 1.53.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The company had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. During the same period in the prior year, the firm earned $0.49 earnings per share. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.6%. Ford Motor’s dividend payout ratio is presently 51.72%.

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.