Great Valley Advisor Group Inc. Grows Holdings in Ford Motor (NYSE:F)

Great Valley Advisor Group Inc. increased its stake in shares of Ford Motor (NYSE:F) by 2.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 58,914 shares of the auto manufacturer’s stock after purchasing an additional 1,652 shares during the period. Great Valley Advisor Group Inc.’s holdings in Ford Motor were worth $622,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in F. Price T Rowe Associates Inc. MD increased its stake in Ford Motor by 1.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after purchasing an additional 59,082 shares during the period. Tidal Investments LLC increased its stake in Ford Motor by 9.7% during the 1st quarter. Tidal Investments LLC now owns 155,875 shares of the auto manufacturer’s stock worth $2,070,000 after buying an additional 13,820 shares during the period. Comerica Bank lifted its holdings in Ford Motor by 5.2% during the 1st quarter. Comerica Bank now owns 850,984 shares of the auto manufacturer’s stock worth $11,301,000 after buying an additional 42,241 shares in the last quarter. iA Global Asset Management Inc. boosted its position in Ford Motor by 62.6% in the 1st quarter. iA Global Asset Management Inc. now owns 74,832 shares of the auto manufacturer’s stock valued at $994,000 after buying an additional 28,807 shares during the period. Finally, Plato Investment Management Ltd boosted its position in Ford Motor by 280.6% in the 1st quarter. Plato Investment Management Ltd now owns 115,172 shares of the auto manufacturer’s stock valued at $1,529,000 after buying an additional 84,909 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of F opened at $11.10 on Wednesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The stock has a market cap of $44.11 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 2.04 and a beta of 1.62. The firm has a fifty day moving average price of $10.85 and a 200 day moving average price of $11.44.

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, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.41%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on F shares. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. 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 report on Tuesday, September 10th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $12.02.

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.