Townsquare Capital LLC Has $994,000 Position in Ford Motor (NYSE:F)

Townsquare Capital LLC grew its stake in Ford Motor (NYSE:F) by 8.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,090 shares of the auto manufacturer’s stock after buying an additional 7,650 shares during the period. Townsquare Capital LLC’s holdings in Ford Motor were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. ING Groep NV lifted its holdings in Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after buying an additional 570,293 shares during the period. OneAscent Financial Services LLC bought a new position in shares of Ford Motor in the 3rd quarter worth about $545,000. GSA Capital Partners LLP lifted its stake in shares of Ford Motor by 20.8% in the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after purchasing an additional 15,729 shares during the period. Czech National Bank boosted its position in shares of Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after purchasing an additional 48,456 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in Ford Motor during the third quarter worth approximately $938,000. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wolfe Research assumed coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a 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 issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Trading Down 1.3 %

NYSE F opened at $10.98 on Tuesday. The business’s fifty day moving average is $10.86 and its 200-day moving average is $11.41. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market capitalization of $43.64 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 2.03 and a beta of 1.62. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities research analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.46%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

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.