KMG Fiduciary Partners LLC Buys 1,222 Shares of Ford Motor (NYSE:F)

KMG Fiduciary Partners LLC raised its stake in Ford Motor (NYSE:F) by 0.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 250,332 shares of the auto manufacturer’s stock after purchasing an additional 1,222 shares during the period. KMG Fiduciary Partners LLC’s holdings in Ford Motor were worth $2,644,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of 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 valued at $50,160,000 after purchasing an additional 3,281,800 shares in the last quarter. AQR Capital Management LLC lifted its position in Ford Motor by 103.6% in the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after purchasing an additional 2,497,695 shares during the period. Natixis boosted its stake in Ford Motor by 1,930.4% during the first quarter. Natixis now owns 2,174,316 shares of the auto manufacturer’s stock worth $28,875,000 after buying an additional 2,067,226 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in Ford Motor by 11.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock valued at $163,214,000 after buying an additional 1,214,640 shares during the period. 58.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wells Fargo & Company reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Barclays lowered their target price on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $12.56.

Ford Motor Trading Up 0.3 %

Shares of NYSE F opened at $11.10 on Friday. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The firm has a market capitalization of $44.31 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The company’s 50 day simple moving average is $10.75 and its 200 day simple moving average is $11.78.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period last year, the company earned $0.72 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.41%. Ford Motor’s payout ratio is currently 61.86%.

Ford Motor Company 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.