Ford Motor Company $F Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in shares of Ford Motor Company (NYSE:F) by 12.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 669,056 shares of the auto manufacturer’s stock after selling 92,842 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Ford Motor were worth $8,069,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Ninety One UK Ltd purchased a new position in shares of Ford Motor in the third quarter worth approximately $25,000. Legacy Wealth Managment LLC ID increased its holdings in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,230 shares during the last quarter. Caldwell Trust Co increased its holdings in Ford Motor by 605.8% during the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 2,175 shares during the last quarter. SJS Investment Consulting Inc. increased its holdings in Ford Motor by 343.3% during the first quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock valued at $30,000 after buying an additional 2,039 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in Ford Motor in the second quarter worth approximately $31,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.4%

Shares of NYSE:F opened at $11.95 on Friday. The stock has a 50 day moving average of $13.18 and a 200 day moving average of $13.59. The company has a market cap of $47.64 billion, a PE ratio of -6.39, a price-to-earnings-growth ratio of 0.24 and a beta of 1.93. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a 12-month low of $11.11 and a 12-month high of $17.78.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the firm posted $0.37 EPS. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. As a group, equities research analysts expect that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s dividend payout ratio is presently -32.09%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on F. TD Cowen lifted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group reduced their price objective on Ford Motor from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Wells Fargo & Company upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. DZ Bank raised Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a report on Friday, July 31st. Finally, Piper Sandler lifted their target price on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $15.36.

Ford Motor Company Profile

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.