Strategic Blueprint LLC Sells 2,632 Shares of Ford Motor (NYSE:F)

Strategic Blueprint LLC lowered its stake in shares of Ford Motor (NYSE:F) by 10.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,335 shares of the auto manufacturer’s stock after selling 2,632 shares during the period. Strategic Blueprint LLC’s holdings in Ford Motor were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

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

Ford Motor Stock Down 0.7 %

F opened at $10.22 on Friday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a market cap of $40.61 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 1.00 and a debt-to-equity ratio of 2.34. The company has a 50 day moving average of $10.80 and a 200 day moving average of $11.62.

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. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the company earned $0.39 earnings per share. The business’s revenue for the quarter 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.87%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Analysts Set New Price Targets

Several analysts have recently commented on F shares. Wells Fargo & Company lowered their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $12.41.

Ford Motor Company 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.