Aptus Capital Advisors LLC Sells 969 Shares of Ford Motor (NYSE:F)

Aptus Capital Advisors LLC cut its stake in Ford Motor (NYSE:F) by 2.4% in the third quarter, Holdings Channel.com reports. The firm owned 40,090 shares of the auto manufacturer’s stock after selling 969 shares during the period. Aptus Capital Advisors LLC’s holdings in Ford Motor were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Assenagon Asset Management S.A. boosted its stake in shares of Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after purchasing an additional 8,824,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Ford Motor by 456.9% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock valued at $50,160,000 after purchasing an additional 3,281,800 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Ford Motor by 103.6% in the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after purchasing an additional 2,497,695 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Ford Motor by 1,215.6% during the 3rd quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 0.5 %

F stock opened at $11.01 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a fifty day moving average price of $10.78 and a two-hundred day moving average price of $11.52. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The stock has a market cap of $43.76 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 2.01 and a beta of 1.62.

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, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 earnings per share. Equities analysts anticipate that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors 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 annualized dividend and a yield of 5.45%. Ford Motor’s dividend payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on F. Wells Fargo & Company reduced their price objective 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. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Two 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, the stock has a consensus rating of “Hold” and a consensus target price of $12.02.

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.