Armstrong Advisory Group Inc. Has $169,000 Stake in Ford Motor (NYSE:F)

Armstrong Advisory Group Inc. lessened its holdings in Ford Motor (NYSE:F) by 9.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,048 shares of the auto manufacturer’s stock after selling 1,649 shares during the period. Armstrong Advisory Group Inc.’s holdings in Ford Motor were worth $169,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Integrated Advisors Network LLC increased its stake in shares of Ford Motor by 8.0% during the fourth quarter. Integrated Advisors Network LLC now owns 24,725 shares of the auto manufacturer’s stock worth $301,000 after purchasing an additional 1,832 shares during the period. Centaurus Financial Inc. increased its position in Ford Motor by 1.8% during the 4th quarter. Centaurus Financial Inc. now owns 51,428 shares of the auto manufacturer’s stock worth $627,000 after buying an additional 911 shares during the period. Syon Capital LLC lifted its holdings in shares of Ford Motor by 12.6% during the fourth quarter. Syon Capital LLC now owns 23,452 shares of the auto manufacturer’s stock worth $286,000 after buying an additional 2,618 shares in the last quarter. Scarborough Advisors LLC boosted its position in shares of Ford Motor by 21.3% in the fourth quarter. Scarborough Advisors LLC now owns 17,286 shares of the auto manufacturer’s stock valued at $211,000 after acquiring an additional 3,040 shares during the period. Finally, Creekmur Asset Management LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at about $59,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $10.95 on Tuesday. The stock has a 50-day moving average price of $10.66 and a two-hundred day moving average price of $11.82. The company has a market capitalization of $43.72 billion, a PE ratio of 11.29, a P/E/G ratio of 0.77 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. Ford Motor’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 EPS. Analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.48%. Ford Motor’s payout ratio is 61.86%.

Analyst Ratings Changes

A number of research analysts have issued reports on F shares. Barclays decreased their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research started coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Wells Fargo & Company reduced their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $12.72.

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.