Meeder Advisory Services Inc. Has $804,000 Stock Holdings in Ford Motor (NYSE:F)

Meeder Advisory Services Inc. lowered its stake in shares of Ford Motor (NYSE:F) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,146 shares of the auto manufacturer’s stock after selling 12,205 shares during the period. Meeder Advisory Services Inc.’s holdings in Ford Motor were worth $804,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Semus Wealth Partners LLC bought a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $113,000. CAP Partners LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $106,000. Quest Partners LLC bought a new stake in Ford Motor in the third quarter worth approximately $96,000. Marathon Trading Investment Management LLC increased its stake in shares of Ford Motor by 610.0% during the 3rd quarter. Marathon Trading Investment Management LLC now owns 12,200 shares of the auto manufacturer’s stock worth $129,000 after purchasing an additional 14,592 shares during the last quarter. Finally, Swiss National Bank raised its holdings in shares of Ford Motor by 0.7% during the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after purchasing an additional 84,600 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

F has been the topic of several analyst reports. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Performance

F opened at $11.05 on Wednesday. The stock’s 50 day simple moving average is $10.81 and its 200-day simple moving average is $11.48. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock has a market cap of $43.92 billion, a PE ratio of 12.56, a P/E/G ratio of 2.00 and a beta of 1.62. 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 data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the company posted $0.39 EPS. The business’s revenue was up 5.5% on a year-over-year basis. Sell-side analysts forecast that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio 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.