Ford Motor (NYSE:F) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its position in Ford Motor (NYSE:F) by 2.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 648,884 shares of the auto manufacturer’s stock after selling 15,530 shares during the period. Nisa Investment Advisors LLC’s holdings in Ford Motor were worth $6,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in F. Patriot Financial Group Insurance Agency LLC grew its position in shares of Ford Motor by 29.4% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 52,855 shares of the auto manufacturer’s stock valued at $558,000 after buying an additional 11,998 shares during the last quarter. Asahi Life Asset Management CO. LTD. grew its holdings in shares of Ford Motor by 14.3% during the third quarter. Asahi Life Asset Management CO. LTD. now owns 37,480 shares of the auto manufacturer’s stock valued at $396,000 after purchasing an additional 4,700 shares during the last quarter. Hedges Asset Management LLC raised its position in shares of Ford Motor by 17.3% during the 3rd quarter. Hedges Asset Management LLC now owns 81,200 shares of the auto manufacturer’s stock worth $857,000 after purchasing an additional 12,000 shares during the period. Pointe Capital Management LLC raised its position in shares of Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock worth $230,000 after purchasing an additional 1,000 shares during the period. Finally, Carret Asset Management LLC lifted its holdings in shares of Ford Motor by 4.0% in the 3rd quarter. Carret Asset Management LLC now owns 42,753 shares of the auto manufacturer’s stock worth $451,000 after purchasing an additional 1,654 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on F shares. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company lowered their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $12.41.

Ford Motor Trading Down 1.8 %

Shares of F stock opened at $10.29 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The stock has a 50-day simple moving average of $10.82 and a 200 day simple moving average of $11.63. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The stock has a market capitalization of $40.89 billion, a P/E ratio of 11.69, a P/E/G ratio of 1.58 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter last year, the firm posted $0.39 EPS. 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 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.83%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.