Empower Advisory Group LLC Has $222,000 Stake in Ford Motor (NYSE:F)

Empower Advisory Group LLC lowered its position in Ford Motor (NYSE:F) by 16.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,995 shares of the auto manufacturer’s stock after selling 4,253 shares during the period. Empower Advisory Group LLC’s holdings in Ford Motor were worth $222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Olistico Wealth LLC bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $25,000. Family Firm Inc. acquired a new position in Ford Motor during the second quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC acquired a new stake in shares of Ford Motor in the second quarter worth $28,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Ford Motor in the second quarter worth $30,000. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of several recent 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 report on Thursday, November 7th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report 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 company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Performance

NYSE F opened at $11.01 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market cap of $43.76 billion, a P/E ratio of 12.51, a PEG ratio of 2.01 and a beta of 1.62. The company’s 50-day simple moving average is $10.78 and its 200 day simple moving average is $11.52.

Ford Motor (NYSE:F) last issued 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 during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS. As a group, research analysts forecast that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced 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. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. Ford Motor’s dividend payout ratio is presently 68.18%.

About Ford Motor

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.