Hantz Financial Services Inc. Sells 16,432 Shares of Ford Motor (NYSE:F)

Hantz Financial Services Inc. reduced its position in shares of Ford Motor (NYSE:F) by 4.1% during the third quarter, Holdings Channel reports. The institutional investor owned 379,586 shares of the auto manufacturer’s stock after selling 16,432 shares during the period. Hantz Financial Services Inc.’s holdings in Ford Motor were worth $4,008,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in F. Swedbank AB acquired a new position in shares of Ford Motor during the first quarter valued at about $10,416,000. DekaBank Deutsche Girozentrale boosted its stake in Ford Motor by 12.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 995,711 shares of the auto manufacturer’s stock valued at $12,853,000 after purchasing an additional 111,663 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Ford Motor by 38.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 11,476 shares of the auto manufacturer’s stock worth $139,000 after purchasing an additional 3,192 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Ford Motor by 180.1% in the second quarter. GAMMA Investing LLC now owns 37,044 shares of the auto manufacturer’s stock worth $465,000 after purchasing an additional 23,817 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in shares of Ford Motor by 3.9% in the second quarter. Massmutual Trust Co. FSB ADV now owns 233,779 shares of the auto manufacturer’s stock valued at $2,932,000 after purchasing an additional 8,696 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.3 %

F opened at $11.13 on Friday. The company has a 50 day moving average of $10.86 and a 200 day moving average of $11.42. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a market cap of $44.23 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 2.02 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. On average, sell-side analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.39%. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays cut their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Finally, Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $12.02.

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.