First Business Financial Services Inc. Makes New Investment in Ford Motor (NYSE:F)

First Business Financial Services Inc. acquired a new position in shares of Ford Motor (NYSE:F) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,709 shares of the auto manufacturer’s stock, valued at approximately $134,000.

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

Analyst Ratings Changes

A number of research firms recently commented on F. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Trading Down 0.3 %

Shares of NYSE F opened at $11.07 on Friday. The firm’s 50 day moving average price is $10.77 and its 200-day moving average price is $11.52. The company has a market cap of $44.00 billion, a PE 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 has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

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

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.42%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

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.