Natixis Advisors LLC Sells 404,807 Shares of Ford Motor (NYSE:F)

Natixis Advisors LLC reduced its stake in Ford Motor (NYSE:F) by 45.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 477,377 shares of the auto manufacturer’s stock after selling 404,807 shares during the quarter. Natixis Advisors LLC’s holdings in Ford Motor were worth $5,041,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the second quarter worth about $25,000. Family Firm Inc. bought a new stake in shares of Ford Motor during the second quarter worth about $26,000. Quarry LP bought a new stake in shares of Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor during the second quarter worth about $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the second quarter worth about $30,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Price Performance

NYSE:F opened at $11.18 on Friday. The firm has a market capitalization of $44.43 billion, a price-to-earnings ratio of 12.70, a P/E/G ratio of 2.01 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The stock has a fifty day moving average of $10.83 and a 200 day moving average of $11.46. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on F shares. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Barclays reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $12.02.

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.