General American Investors Co. Inc. Has $1.06 Million Stock Holdings in Ford Motor (NYSE:F)

General American Investors Co. Inc. cut its stake in shares of Ford Motor (NYSE:FFree Report) by 82.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 100,000 shares of the auto manufacturer’s stock after selling 457,913 shares during the quarter. General American Investors Co. Inc.’s holdings in Ford Motor were worth $1,056,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of F. Deseret Mutual Benefit Administrators lifted its position in shares of Ford Motor by 6.4% in the third quarter. Deseret Mutual Benefit Administrators now owns 20,125 shares of the auto manufacturer’s stock valued at $213,000 after buying an additional 1,206 shares during the last quarter. Olympiad Research LP lifted its position in shares of Ford Motor by 20.5% in the third quarter. Olympiad Research LP now owns 36,880 shares of the auto manufacturer’s stock valued at $389,000 after buying an additional 6,285 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the last quarter. WoodTrust Financial Corp lifted its position in shares of Ford Motor by 29.8% in the third quarter. WoodTrust Financial Corp now owns 28,428 shares of the auto manufacturer’s stock valued at $300,000 after buying an additional 6,519 shares during the last quarter. Finally, Centennial Wealth Advisory LLC lifted its position in shares of Ford Motor by 6.0% in the third quarter. Centennial Wealth Advisory LLC now owns 47,970 shares of the auto manufacturer’s stock valued at $507,000 after buying an additional 2,704 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

F has been the subject of a number of recent analyst reports. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wells Fargo & Company dropped their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Two investment 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.02.

Get Our Latest Research Report on Ford Motor

Ford Motor Trading Down 2.9 %

F traded down $0.33 during midday trading on Thursday, hitting $10.86. 3,167,614 shares of the company were exchanged, compared to its average volume of 53,705,418. The firm has a market capitalization of $43.17 billion, a P/E ratio of 12.72, a P/E/G ratio of 1.88 and a beta of 1.62. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The firm’s 50 day moving average price is $10.77 and its 200-day moving average price is $11.59. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:FGet Free Report) 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. The company had revenue of $46.20 billion for 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%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. As a group, equities analysts forecast that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

Ford Motor Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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