Ford Motor Company $F Stock Position Boosted by Sterling Capital Management LLC

Sterling Capital Management LLC grew its holdings in shares of Ford Motor Company (NYSE:F) by 97.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 318,655 shares of the auto manufacturer’s stock after acquiring an additional 157,223 shares during the period. Sterling Capital Management LLC’s holdings in Ford Motor were worth $3,843,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Wealthfront Advisers LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $11,492,000. Public Employees Retirement System of Ohio increased its stake in shares of Ford Motor by 22.4% in the first quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock valued at $23,095,000 after buying an additional 366,218 shares during the period. KBC Group NV raised its position in shares of Ford Motor by 223.5% during the first quarter. KBC Group NV now owns 2,229,629 shares of the auto manufacturer’s stock worth $25,729,000 after acquiring an additional 1,540,403 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new position in shares of Ford Motor during the second quarter worth about $1,730,000. Finally, Blue Capital Inc. bought a new position in shares of Ford Motor during the second quarter worth about $2,425,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent analyst reports. Weiss Ratings lowered Ford Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. UBS Group decreased their target price on shares of Ford Motor from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. DZ Bank upgraded shares of Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target for the company in a report on Friday, July 31st. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and raised their price target for the stock from $14.50 to $17.50 in a report on Monday, July 27th. Finally, TD Cowen boosted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $15.36.

Ford Motor Stock Performance

Shares of F opened at $11.59 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock has a market capitalization of $46.20 billion, a P/E ratio of -6.20, a price-to-earnings-growth ratio of 0.24 and a beta of 1.93. The firm’s fifty day simple moving average is $13.12 and its two-hundred day simple moving average is $13.57. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%. The firm had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the business posted $0.37 EPS. The business’s revenue was down 3.8% compared to the same quarter last year. As a group, analysts predict that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Ford Motor’s dividend payout ratio is presently -32.09%.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.