Signaturefd LLC Sells 2,756 Shares of Ford Motor (NYSE:F)

Signaturefd LLC lessened its holdings in Ford Motor (NYSE:F) by 5.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 44,613 shares of the auto manufacturer’s stock after selling 2,756 shares during the period. Signaturefd LLC’s holdings in Ford Motor were worth $471,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in F. Hodges Capital Management Inc. lifted its stake in shares of Ford Motor by 18.3% in the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock worth $1,268,000 after purchasing an additional 14,750 shares during the period. Foguth Wealth Management LLC. bought a new position in shares of Ford Motor in the 1st quarter worth approximately $316,000. Founders Financial Securities LLC raised its stake in Ford Motor by 297.2% during the 1st quarter. Founders Financial Securities LLC now owns 67,684 shares of the auto manufacturer’s stock worth $899,000 after acquiring an additional 50,643 shares during the period. Cornerstone Wealth Group LLC bought a new stake in Ford Motor during the 1st quarter worth approximately $150,000. Finally, Financial Partners Group LLC raised its stake in Ford Motor by 6.1% during the 1st quarter. Financial Partners Group LLC now owns 91,313 shares of the auto manufacturer’s stock worth $1,213,000 after acquiring an additional 5,289 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 1.5 %

F stock opened at $11.07 on Friday. The firm has a fifty day moving average price of $10.82 and a 200 day moving average price of $11.72. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The firm has a market cap of $44.20 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. During the same period last year, the business posted $0.72 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays decreased their target price on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 15th. Finally, Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $12.56.

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.