Ford Motor (NYSE:F) Shares Bought by nVerses Capital LLC

nVerses Capital LLC increased its holdings in shares of Ford Motor (NYSE:F) by 239.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,100 shares of the auto manufacturer’s stock after buying an additional 67,100 shares during the period. nVerses Capital LLC’s holdings in Ford Motor were worth $1,004,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Integrated Advisors Network LLC grew its holdings in Ford Motor by 8.0% in the fourth quarter. Integrated Advisors Network LLC now owns 24,725 shares of the auto manufacturer’s stock valued at $301,000 after purchasing an additional 1,832 shares during the period. Trust Co. of Vermont grew its position in shares of Ford Motor by 38.4% during the fourth quarter. Trust Co. of Vermont now owns 3,602 shares of the auto manufacturer’s stock worth $44,000 after acquiring an additional 1,000 shares during the last quarter. CWM LLC grew its position in Ford Motor by 35.5% in the 1st quarter. CWM LLC now owns 204,036 shares of the auto manufacturer’s stock valued at $2,710,000 after buying an additional 53,484 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Ford Motor by 10.3% during the 1st quarter. GAMMA Investing LLC now owns 13,227 shares of the auto manufacturer’s stock valued at $176,000 after purchasing an additional 1,240 shares in the last quarter. Finally, First Hawaiian Bank purchased a new stake in Ford Motor during the first quarter valued at about $671,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on F shares. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Wells Fargo & Company cut their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Finally, Royal Bank of Canada lowered their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research report on Monday, August 12th. 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’s stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Stock Performance

F remained flat at $11.03 during midday trading on Thursday. The company’s stock had a trading volume of 9,300,050 shares, compared to its average volume of 53,254,629. The business has a fifty day moving average of $10.71 and a 200 day moving average of $11.80. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock has a market cap of $44.04 billion, a price-to-earnings ratio of 11.38, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate 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 quarter last year, the business posted $0.72 EPS. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.44%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Ford Motor 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.