CMG Global Holdings LLC Purchases 5,645 Shares of Ford Motor (NYSE:F)

CMG Global Holdings LLC raised its holdings in Ford Motor (NYSE:F) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,013 shares of the auto manufacturer’s stock after purchasing an additional 5,645 shares during the quarter. CMG Global Holdings LLC’s holdings in Ford Motor were worth $549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in F. Olistico Wealth LLC acquired a new position in Ford Motor during the second quarter valued at approximately $25,000. Family Firm Inc. bought a new stake in Ford Motor during the 2nd quarter worth approximately $26,000. Quarry LP acquired a new stake in Ford Motor during the 2nd quarter worth approximately $27,000. Ridgewood Investments LLC bought a new position in Ford Motor in the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC bought a new position in Ford Motor in the second quarter valued at approximately $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on F shares. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Barclays reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

Shares of F opened at $11.18 on Friday. The company has a market cap of $44.43 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.62. The firm has a 50-day moving average of $10.83 and a 200-day moving average of $11.46. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

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 business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.39 earnings per share. As a group, equities analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

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.