Nicolet Advisory Services LLC Grows Holdings in Ford Motor (NYSE:F)

Nicolet Advisory Services LLC grew its stake in shares of Ford Motor (NYSE:F) by 78.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,246 shares of the auto manufacturer’s stock after buying an additional 12,409 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Ford Motor were worth $295,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. ING Groep NV grew its holdings in shares of Ford Motor by 93.4% during the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after purchasing an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC purchased a new stake in Ford Motor during the third quarter valued at about $545,000. GSA Capital Partners LLP grew its stake in shares of Ford Motor by 20.8% during the third quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after buying an additional 15,729 shares during the last quarter. Czech National Bank increased its holdings in shares of Ford Motor by 6.5% in the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after buying an additional 48,456 shares during the period. Finally, Claro Advisors LLC lifted its stake in shares of Ford Motor by 333.6% in 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 during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Up 3.5 %

F opened at $11.18 on Monday. 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 has a 52 week low of $9.49 and a 52 week high of $14.85. The stock has a market cap of $44.43 billion, a PE ratio of 12.70, a PEG ratio of 1.97 and a beta of 1.62. The business has a 50 day moving average of $10.83 and a 200-day moving average of $11.45.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during 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 for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 earnings per share. Equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company decreased 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 report on Tuesday, September 10th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average 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.