Empower Advisory Group LLC Trims Holdings in Ford Motor (NYSE:F)

Empower Advisory Group LLC lowered its stake in shares of Ford Motor (NYSE:F) by 16.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,995 shares of the auto manufacturer’s stock after selling 4,253 shares during the quarter. Empower Advisory Group LLC’s holdings in Ford Motor were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in F. Czech National Bank lifted its holdings in Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after buying an additional 48,456 shares during the last quarter. Claro Advisors LLC raised its position in shares of Ford Motor by 333.6% during the 3rd quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock valued at $625,000 after acquiring an additional 45,532 shares in the last quarter. 1834 Investment Advisors Co. lifted its stake in 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 during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after purchasing an additional 59,082 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Ford Motor by 49.3% during the third quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock valued at $10,546,000 after purchasing an additional 329,631 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on F. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Down 0.5 %

NYSE F opened at $11.01 on Friday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a market capitalization of $43.76 billion, a P/E ratio of 12.51, a PEG ratio of 2.01 and a beta of 1.62. The company’s 50 day simple moving average is $10.78 and its 200 day simple moving average 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 (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate 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 return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 earnings per share. Equities research analysts expect that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.45%. Ford Motor’s dividend payout ratio is 68.18%.

Ford Motor 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.