Ferguson Wellman Capital Management Inc. Invests $131,000 in Ford Motor (NYSE:F)

Ferguson Wellman Capital Management Inc. acquired a new position in shares of Ford Motor (NYSE:F) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 12,371 shares of the auto manufacturer’s stock, valued at approximately $131,000.

Several other institutional investors have also modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. raised its stake in Ford Motor by 7.3% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 113,891 shares of the auto manufacturer’s stock worth $1,203,000 after acquiring an additional 7,719 shares in the last quarter. Metis Global Partners LLC raised its stake in Ford Motor by 1.8% during the 3rd quarter. Metis Global Partners LLC now owns 125,093 shares of the auto manufacturer’s stock worth $1,321,000 after acquiring an additional 2,239 shares in the last quarter. Planning Capital Management Corp acquired a new stake in Ford Motor during the 3rd quarter worth $187,000. Plato Investment Management Ltd raised its stake in Ford Motor by 1.8% during the 3rd quarter. Plato Investment Management Ltd now owns 120,136 shares of the auto manufacturer’s stock worth $1,267,000 after acquiring an additional 2,128 shares in the last quarter. Finally, Kovack Advisors Inc. raised its stake in Ford Motor by 84.4% during the 3rd quarter. Kovack Advisors Inc. now owns 61,239 shares of the auto manufacturer’s stock worth $647,000 after acquiring an additional 28,024 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

F has been the topic of several research analyst reports. Wells Fargo & Company cut their price target 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. Wolfe Research assumed coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Down 0.3 %

F stock opened at $11.07 on Friday. The company has a market cap of $44.00 billion, a P/E ratio of 12.58, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company’s 50-day moving average price is $10.77 and its 200 day moving average price is $11.52. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 earnings per share. On average, research analysts expect that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) 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.