Nations Financial Group Inc. IA ADV Boosts Position in Ford Motor (NYSE:F)

Nations Financial Group Inc. IA ADV lifted its position in Ford Motor (NYSE:F) by 283.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,001 shares of the auto manufacturer’s stock after buying an additional 69,496 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Ford Motor were worth $993,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. GSA Capital Partners LLP lifted its position in Ford Motor by 42.3% in the 1st quarter. GSA Capital Partners LLP now owns 33,290 shares of the auto manufacturer’s stock worth $442,000 after buying an additional 9,901 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Ford Motor by 3.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 63,372 shares of the auto manufacturer’s stock worth $842,000 after acquiring an additional 1,942 shares during the last quarter. Empowered Funds LLC increased its stake in Ford Motor by 24.0% in the 1st quarter. Empowered Funds LLC now owns 79,963 shares of the auto manufacturer’s stock worth $1,062,000 after purchasing an additional 15,480 shares during the period. Bleakley Financial Group LLC lifted its position in Ford Motor by 2.8% in the first quarter. Bleakley Financial Group LLC now owns 64,979 shares of the auto manufacturer’s stock valued at $863,000 after purchasing an additional 1,755 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in shares of Ford Motor by 100.3% during the first quarter. Koshinski Asset Management Inc. now owns 39,188 shares of the auto manufacturer’s stock valued at $520,000 after purchasing an additional 19,619 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

Ford Motor stock opened at $11.11 on Wednesday. The stock’s 50 day moving average is $10.77 and its 200 day moving average is $11.54. The company has a market capitalization of $44.13 billion, a P/E ratio of 12.62, a PEG ratio of 1.99 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the company earned $0.39 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. On average, equities research analysts predict that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.40%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.