62,396 Ford Motor Company $F Shares Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its position in Ford Motor Company (NYSE:F – Free Report) by 9.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 702,822 shares of the auto manufacturer’s stock after buying an additional 62,396 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Ford Motor were worth $8,645,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Integrity Alliance LLC. raised its stake in Ford Motor by 58.5% during the 3rd quarter. Integrity Alliance LLC. now owns 191,245 shares of the auto manufacturer’s stock valued at $2,306,000 after purchasing an additional 70,578 shares during the period. Gallacher Capital Management LLC purchased a new position in Ford Motor in the 3rd quarter worth approximately $258,000. Eads & Heald Wealth Management bought a new position in Ford Motor in the 3rd quarter worth approximately $162,000. VCI Wealth Management LLC bought a new position in Ford Motor in the 3rd quarter worth approximately $1,130,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in Ford Motor by 21.5% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 14,446 shares of the auto manufacturer’s stock worth $174,000 after purchasing an additional 2,557 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Key Ford Motor News

Here are the key news stories impacting Ford Motor this week:

Ford Motor Price Performance

NYSE:F opened at $12.52 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.94 and a debt-to-equity ratio of 2.97. The company has a market capitalization of $49.94 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.24 and a beta of 1.88. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The business’s 50-day moving average is $12.77 and its 200 day moving average is $13.34.

Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.08. The company had revenue of $49.53 billion during the quarter, compared to analyst estimates of $49.08 billion. Ford Motor had a positive return on equity of 18.89% and a negative net margin of 4.17%. The firm’s revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 earnings per share. On average, equities research analysts forecast that Ford Motor Company will post 1.90 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, November 10th. Ford Motor’s dividend payout ratio is -30.46%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on F. The Goldman Sachs Group reduced their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Weiss Ratings downgraded shares of Ford Motor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 23rd. Morgan Stanley dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Thursday, October 29th. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and upped their target price for the stock from $14.50 to $17.50 in a research report on Monday, July 27th. Finally, Citigroup raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $19.00 to $20.00 in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $15.02.

View Our Latest Stock Analysis on F

About Ford Motor

(Free Report)

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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