157,223 Ford Motor Company $F Shares Bought by Sterling Capital Management LLC

Sterling Capital Management LLC increased its stake in Ford Motor Company (NYSE:F) by 97.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 318,655 shares of the auto manufacturer’s stock after purchasing an additional 157,223 shares during the quarter. Sterling Capital Management LLC’s holdings in Ford Motor were worth $3,843,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of F. Ninety One UK Ltd acquired a new position in shares of Ford Motor during the 3rd quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new stake in Ford Motor in the second quarter worth $31,000. Legacy Wealth Managment LLC ID grew its holdings in Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,230 shares during the period. Caldwell Trust Co increased its stake in Ford Motor by 605.8% in the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 2,175 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its stake in Ford Motor by 343.3% in the first quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock valued at $30,000 after purchasing an additional 2,039 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings cut shares of Ford Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. BNP Paribas Exane raised their target price on Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research note on Thursday, July 30th. TD Cowen boosted their target price on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada increased their price target on Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $15.36.

Ford Motor Trading Down 3.0%

Shares of Ford Motor stock opened at $11.59 on Friday. The stock has a fifty day simple moving average of $13.12 and a 200 day simple moving average of $13.57. The company 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 company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a 12-month low of $11.11 and a 12-month high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same period in the previous year, the company earned $0.37 earnings per share. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

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

Ford Motor 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.