First Business Financial Services Inc. Acquires New Holdings in Ford Motor (NYSE:F)

First Business Financial Services Inc. purchased a new position in Ford Motor (NYSE:F) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,709 shares of the auto manufacturer’s stock, valued at approximately $134,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its position in Ford Motor by 24.0% during the first quarter. Empowered Funds LLC now owns 79,963 shares of the auto manufacturer’s stock valued at $1,062,000 after purchasing an additional 15,480 shares during the period. Bleakley Financial Group LLC lifted its position in Ford Motor by 2.8% during the first quarter. Bleakley Financial Group LLC now owns 64,979 shares of the auto manufacturer’s stock valued at $863,000 after purchasing an additional 1,755 shares during the period. HBK Sorce Advisory LLC lifted its position in Ford Motor by 7.1% during the first quarter. HBK Sorce Advisory LLC now owns 47,856 shares of the auto manufacturer’s stock valued at $636,000 after purchasing an additional 3,192 shares during the period. Orion Portfolio Solutions LLC lifted its position in Ford Motor by 8.4% during the first quarter. Orion Portfolio Solutions LLC now owns 115,607 shares of the auto manufacturer’s stock valued at $1,535,000 after purchasing an additional 8,966 shares during the period. Finally, Cumberland Partners Ltd acquired a new position in Ford Motor during the first quarter valued at $133,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on F. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Barclays dropped their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Two 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’s stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Trading Down 0.3 %

F opened at $11.07 on Friday. The stock has a market capitalization of $44.00 billion, a PE ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62. The firm’s fifty day moving average price is $10.77 and its 200 day moving average price is $11.52. 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 12-month low of $9.49 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results 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 during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.42%. Ford Motor’s dividend payout ratio (DPR) 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.