Metis Global Partners LLC Buys 2,239 Shares of Ford Motor (NYSE:F)

Metis Global Partners LLC raised its stake in shares of Ford Motor (NYSE:F) by 1.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 125,093 shares of the auto manufacturer’s stock after purchasing an additional 2,239 shares during the period. Metis Global Partners LLC’s holdings in Ford Motor were worth $1,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Olistico Wealth LLC purchased a new stake in shares of Ford Motor in the second quarter worth $25,000. Family Firm Inc. purchased a new stake in Ford Motor in the 2nd quarter worth $26,000. Quarry LP bought a new stake in Ford Motor during the second quarter valued at about $27,000. Ridgewood Investments LLC purchased a new position in shares of Ford Motor in the second quarter valued at about $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor in the second quarter worth about $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.5 %

Shares of F opened at $11.01 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business has a fifty day moving average of $10.79 and a 200 day moving average of $11.51. The company has a market cap of $43.76 billion, a PE ratio of 12.51, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.02.

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.