Chancellor Financial Group WB LP Decreases Position in Ford Motor Company $F

Chancellor Financial Group WB LP lowered its stake in shares of Ford Motor Company (NYSE:F) by 27.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,415 shares of the auto manufacturer’s stock after selling 4,989 shares during the quarter. Chancellor Financial Group WB LP’s holdings in Ford Motor were worth $146,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Ford Motor by 13.8% in the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Ford Motor by 6,915.1% in the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after purchasing an additional 48,378,444 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth $123,147,000. Charles Schwab Investment Management Inc. lifted its position in shares of Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Ford Motor by 32.7% during the second quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after purchasing an additional 7,238,424 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.7%

Shares of NYSE:F opened at $13.21 on Friday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $13.97. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The stock has a market cap of $52.65 billion, a P/E ratio of 11.39, a P/E/G ratio of 4.03 and a beta of 1.60. The firm has a fifty day moving average price of $12.14 and a 200 day moving average price of $11.32.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The business had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the prior year, the company earned $0.49 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. Sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio is 51.72%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on F shares. Barclays increased their price objective on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, October 27th. UBS Group increased their price target on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Wells Fargo & Company increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Finally, Royal Bank Of Canada lifted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $11.73.

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.