Coastwise Capital Group LLC Has $644,000 Stock Holdings in Ford Motor (NYSE:F)

Coastwise Capital Group LLC lifted its holdings in shares of Ford Motor (NYSE:F) by 85.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,945 shares of the auto manufacturer’s stock after buying an additional 28,072 shares during the quarter. Coastwise Capital Group LLC’s holdings in Ford Motor were worth $644,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

F has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Two equities research 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 data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Up 0.3 %

F stock opened at $11.13 on Monday. The stock has a market capitalization of $44.23 billion, a P/E ratio of 12.65, a price-to-earnings-growth ratio of 2.03 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a 50-day moving average price of $10.86 and a 200-day moving average price of $11.41. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s payout ratio is 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.