Main Street Financial Solutions LLC Cuts Position in Ford Motor (NYSE:F)

Main Street Financial Solutions LLC lowered its stake in shares of Ford Motor (NYSE:F) by 40.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,704 shares of the auto manufacturer’s stock after selling 17,627 shares during the period. Main Street Financial Solutions LLC’s holdings in Ford Motor were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in F. Czech National Bank grew its holdings in Ford Motor by 6.5% in the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after purchasing an additional 48,456 shares during the last quarter. Claro Advisors LLC increased its holdings in 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. raised its position 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 acquiring an additional 128,256 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 valued at $71,039,000 after purchasing an additional 59,082 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Ford Motor by 49.3% in 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. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 0.3 %

Shares of F opened at $11.07 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm 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. 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’s fifty day simple moving average is $10.77 and its 200 day simple moving average is $11.52.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 EPS. On average, equities research analysts forecast that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

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 given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.42%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut 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. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.02.

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.