Catalina Capital Group LLC Boosts Stock Position in Ford Motor (NYSE:F)

Catalina Capital Group LLC lifted its position in Ford Motor (NYSE:F) by 33.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,212 shares of the auto manufacturer’s stock after purchasing an additional 4,865 shares during the quarter. Catalina Capital Group LLC’s holdings in Ford Motor were worth $203,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Olistico Wealth LLC purchased a new stake in Ford Motor in the second quarter valued at $25,000. Family Firm Inc. acquired a new position in shares of Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP purchased a new stake in shares of Ford Motor in the second quarter worth about $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the second quarter worth about $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter valued at approximately $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 0.8 %

NYSE F opened at $10.95 on Friday. The business has a fifty day moving average price of $10.77 and a 200 day moving average price of $11.59. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $43.53 billion, a P/E ratio of 12.44, a P/E/G ratio of 1.88 and a beta of 1.62. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 earnings per share. Research analysts anticipate that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.48%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Analyst Ratings Changes

F has been the topic of several recent research reports. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Profile

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.