Vinva Investment Management Ltd Has $1.13 Million Stock Holdings in Ford Motor (NYSE:F)

Vinva Investment Management Ltd lowered its holdings in shares of Ford Motor (NYSE:F) by 28.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 104,495 shares of the auto manufacturer’s stock after selling 42,187 shares during the period. Vinva Investment Management Ltd’s holdings in Ford Motor were worth $1,126,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on F shares. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Finally, Wolfe Research assumed coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $12.02.

Ford Motor Stock Performance

NYSE:F opened at $11.14 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The business has a fifty day simple moving average of $10.86 and a two-hundred day simple moving average of $11.43. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market capitalization of $44.25 billion, a P/E ratio of 12.65, a P/E/G ratio of 2.02 and a beta of 1.62.

Ford Motor (NYSE:F) last released 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. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the business posted $0.39 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

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.