Ford Motor (NYSE:F) Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC decreased its position in shares of Ford Motor (NYSE:F) by 40.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,704 shares of the auto manufacturer’s stock after selling 17,627 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Ford Motor were worth $271,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the 2nd quarter valued at about $25,000. Family Firm Inc. acquired a new position in Ford Motor in the second quarter valued at approximately $26,000. Quarry LP purchased a new stake in Ford Motor in the 2nd quarter worth approximately $27,000. Ridgewood Investments LLC acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $28,000. Finally, Kimelman & Baird LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Wolfe Research initiated coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Barclays cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Wells Fargo & Company dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Down 0.3 %

F opened at $11.07 on Friday. The stock has a market capitalization of $44.00 billion, a P/E ratio of 12.58, a price-to-earnings-growth ratio of 2.01 and a beta of 1.62. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The business’s 50-day simple moving average is $10.77 and its 200-day simple moving average is $11.52. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last announced its 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 for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. Analysts anticipate that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

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 given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.42%. Ford Motor’s 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.