Cetera Advisors LLC Raises Stake in Ford Motor Company (F)
Cetera Advisors LLC increased its position in shares of Ford Motor Company (NYSE:F) by 4.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 243,547 shares of the auto manufacturer’s stock after acquiring an additional 10,362 shares during the quarter. Cetera Advisors LLC’s holdings in Ford Motor were worth $2,911,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Ford Motor by 1.0% in the second quarter. Vanguard Group Inc. now owns 264,421,059 shares of the auto manufacturer’s stock valued at $2,958,871,000 after buying an additional 2,491,009 shares during the period. BlackRock Inc. lifted its stake in Ford Motor by 2.4% in the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock valued at $2,624,814,000 after buying an additional 5,562,630 shares during the period. Franklin Resources Inc. lifted its stake in Ford Motor by 5.7% in the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after buying an additional 4,706,379 shares during the period. Dimensional Fund Advisors LP lifted its stake in Ford Motor by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock valued at $474,123,000 after buying an additional 410,123 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Ford Motor by 7.6% in the third quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock valued at $428,730,000 after buying an additional 2,518,396 shares during the period. 53.78% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor Company (NYSE:F) opened at $12.63 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. The stock has a market capitalization of $50,170.00, a PE ratio of 7.49, a P/E/G ratio of 0.65 and a beta of 1.25. Ford Motor Company has a fifty-two week low of $10.47 and a fifty-two week high of $13.27.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.10. The business had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. Ford Motor’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the company earned $0.26 earnings per share. analysts anticipate that Ford Motor Company will post 1.81 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, October 23rd were issued a dividend of $0.15 per share. The ex-dividend date was Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.75%. Ford Motor’s payout ratio is presently 54.55%.
Several equities analysts have weighed in on F shares. Buckingham Research reissued a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research note on Thursday, August 24th. BidaskClub upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. ValuEngine downgraded Ford Motor from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price target for the company. in a report on Monday, September 4th. Finally, Jefferies Group restated a “hold” rating and issued a $12.00 price target on shares of Ford Motor in a report on Sunday, September 10th. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $12.61.
In other Ford Motor news, insider Steven R. Armstrong sold 22,076 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total value of $273,080.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the transaction, the insider now owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 76,828 shares of company stock valued at $943,045. 1.08% of the stock is owned by corporate insiders.
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Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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