Sowell Financial Services LLC Boosts Stake in Ford Motor (F)

Sowell Financial Services LLC grew its stake in shares of Ford Motor (NYSE:F) by 18.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,456 shares of the auto manufacturer’s stock after buying an additional 22,484 shares during the quarter. Sowell Financial Services LLC’s holdings in Ford Motor were worth $1,355,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. American International Group Inc. grew its holdings in shares of Ford Motor by 0.4% during the 3rd quarter. American International Group Inc. now owns 1,707,885 shares of the auto manufacturer’s stock valued at $15,798,000 after purchasing an additional 6,927 shares during the last quarter. Kiley Juergens Wealth Management LLC grew its holdings in Ford Motor by 96.2% in the 3rd quarter. Kiley Juergens Wealth Management LLC now owns 18,047 shares of the auto manufacturer’s stock worth $166,000 after acquiring an additional 8,850 shares during the last quarter. Van ECK Associates Corp bought a new stake in Ford Motor in the 2nd quarter worth $678,000. Gradient Investments LLC grew its holdings in Ford Motor by 63.9% in the 3rd quarter. Gradient Investments LLC now owns 16,354 shares of the auto manufacturer’s stock worth $151,000 after acquiring an additional 6,376 shares during the last quarter. Finally, Putnam Investments LLC grew its holdings in Ford Motor by 444.1% in the 2nd quarter. Putnam Investments LLC now owns 3,473,537 shares of the auto manufacturer’s stock worth $38,452,000 after acquiring an additional 2,835,131 shares during the last quarter. Hedge funds and other institutional investors own 55.28% of the company’s stock.

A number of brokerages have issued reports on F. Berenberg Bank reissued a “sell” rating and issued a $6.00 price target on shares of Ford Motor in a report on Friday, November 9th. ValuEngine raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 31st. Nomura cut their price target on shares of Ford Motor from $9.00 to $8.10 and set a “neutral” rating on the stock in a report on Tuesday, October 30th. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 30th. Finally, Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $9.00 to $12.00 in a report on Monday, October 29th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $11.27.

In related news, VP Steven R. Armstrong sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $9.54, for a total transaction of $124,020.00. Following the completion of the sale, the vice president now directly owns 94,527 shares in the company, valued at $901,787.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ray T. Charley bought 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 29th. The shares were acquired at an average price of $12.90 per share, with a total value of $51,600.00. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.

Shares of F stock opened at $9.41 on Friday. Ford Motor has a 52 week low of $8.17 and a 52 week high of $13.48. The company has a market capitalization of $37.23 billion, a PE ratio of 5.29, a P/E/G ratio of 1.30 and a beta of 0.68. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.21 and a quick ratio of 1.08.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. The firm had revenue of $34.66 billion during the quarter, compared to analyst estimates of $32.05 billion. During the same period in the previous year, the business posted $0.43 earnings per share. Equities research analysts anticipate that Ford Motor will post 1.36 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Tuesday, October 23rd will be given a dividend of $0.15 per share. The ex-dividend date is Monday, October 22nd. This represents a $0.60 annualized dividend and a yield of 6.38%. Ford Motor’s dividend payout ratio (DPR) is 33.71%.

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Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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

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