Ford Motor (NYSE:F) Shares Sold by Gerber LLC

Gerber LLC lessened its holdings in Ford Motor (NYSE:F) by 20.3% during the third quarter, Holdings Channel.com reports. The firm owned 32,079 shares of the auto manufacturer’s stock after selling 8,171 shares during the quarter. Gerber LLC’s holdings in Ford Motor were worth $339,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Olistico Wealth LLC acquired a new position in Ford Motor during the second quarter worth $25,000. Financial Synergies Wealth Advisors Inc. raised its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Family Firm Inc. purchased a new position in Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the 2nd quarter worth about $27,000. Finally, Ridgewood Investments LLC purchased a new stake in shares of Ford Motor during the second quarter worth about $28,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Down 1.2 %

NYSE F traded down $0.13 during trading on Monday, reaching $10.97. The company’s stock had a trading volume of 16,530,520 shares, compared to its average volume of 53,083,363. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The stock has a market capitalization of $43.80 billion, a PE ratio of 11.40, a PEG ratio of 0.77 and a beta of 1.62. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The business has a 50-day moving average price of $10.75 and a 200-day moving average price of $11.76.

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

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.47%. Ford Motor’s payout ratio is 61.86%.

Analyst Ratings Changes

F has been the subject of several research reports. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Royal Bank of Canada decreased their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $12.56.

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.