Wilmington Savings Fund Society FSB Makes New $192,000 Investment in Ford Motor (NYSE:F)

Wilmington Savings Fund Society FSB acquired a new stake in shares of Ford Motor (NYSE:F) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 18,187 shares of the auto manufacturer’s stock, valued at approximately $192,000.

A number of other institutional investors also recently modified their holdings of F. Meridian Financial Partners LLC grew its position in Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the period. Apollon Wealth Management LLC grew its holdings in shares of Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the last quarter. Beaird Harris Wealth Management LLC increased its position in shares of Ford Motor by 3.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after acquiring an additional 982 shares in the last quarter. Pure Financial Advisors LLC raised its holdings in shares of Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the last quarter. Finally, PBMares Wealth Management LLC lifted its position in Ford Motor by 9.0% in the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after acquiring an additional 991 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 2.8 %

Ford Motor stock opened at $9.69 on Thursday. The firm has a 50 day moving average price of $10.81 and a 200-day moving average price of $11.27. 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 twelve month low of $9.49 and a twelve month high of $14.85. The company has a market capitalization of $38.51 billion, a P/E ratio of 11.01, a P/E/G ratio of 1.90 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share 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%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. As a group, equities analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.19%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Sanford C. Bernstein downgraded 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. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.83.

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.