Avior Wealth Management LLC Increases Position in Ford Motor (NYSE:F)

Avior Wealth Management LLC increased its stake in Ford Motor (NYSE:F) by 21.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,615 shares of the auto manufacturer’s stock after purchasing an additional 13,900 shares during the quarter. Avior Wealth Management LLC’s holdings in Ford Motor were worth $820,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in F. O Shaughnessy Asset Management LLC increased its holdings in Ford Motor by 7.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 173,814 shares of the auto manufacturer’s stock valued at $2,308,000 after acquiring an additional 11,403 shares in the last quarter. Seven Eight Capital LP purchased a new position in Ford Motor during the 1st quarter valued at about $275,000. Bessemer Group Inc. increased its holdings in Ford Motor by 34.4% during the 1st quarter. Bessemer Group Inc. now owns 38,320 shares of the auto manufacturer’s stock valued at $508,000 after acquiring an additional 9,807 shares in the last quarter. LGT Group Foundation purchased a new position in Ford Motor during the 1st quarter valued at about $169,000. Finally, Freestone Capital Holdings LLC increased its holdings in Ford Motor by 5.0% during the 1st quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock valued at $244,000 after acquiring an additional 875 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wolfe Research assumed coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Wells Fargo & Company decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $12.02.

Ford Motor Trading Down 2.9 %

NYSE F opened at $10.73 on Thursday. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company’s 50 day moving average price is $10.82 and its 200 day moving average price is $11.48. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a market capitalization of $42.62 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 2.00 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 earnings per share. On average, sell-side analysts predict that Ford Motor will post 1.82 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 paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.59%. Ford Motor’s dividend payout ratio is currently 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.