Ferguson Wellman Capital Management Inc. Buys Shares of 12,371 Ford Motor (NYSE:F)

Ferguson Wellman Capital Management Inc. bought a new stake in shares of Ford Motor (NYSE:F) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,371 shares of the auto manufacturer’s stock, valued at approximately $131,000.

Other large investors have also modified their holdings of the company. Czech National Bank boosted its holdings in shares of Ford Motor by 6.5% in the third 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 during the period. Claro Advisors LLC increased its position in shares of Ford Motor by 333.6% during the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock worth $625,000 after purchasing an additional 45,532 shares in the last quarter. 1834 Investment Advisors Co. increased its position in shares of Ford Motor by 87.7% during the third quarter. 1834 Investment Advisors Co. now owns 274,433 shares of the auto manufacturer’s stock worth $2,898,000 after purchasing an additional 128,256 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after acquiring an additional 59,082 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of Ford Motor by 49.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock valued at $10,546,000 after acquiring an additional 329,631 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.3 %

Shares of NYSE F opened at $11.07 on Friday. The company has a 50 day simple moving average of $10.77 and a 200-day simple moving average of $11.52. The company has a market capitalization of $44.00 billion, a P/E ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62. 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.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS. On average, equities research analysts predict that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.42%. Ford Motor’s dividend payout ratio is presently 68.18%.

Wall Street Analyst Weigh In

F has been the topic of several recent research reports. Barclays lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $12.02.

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.