17,585 Shares in Ford Motor (NYSE:F) Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Ford Motor (NYSE:F) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 17,585 shares of the auto manufacturer’s stock, valued at approximately $186,000.

Other institutional investors also recently bought and sold shares of the company. Olistico Wealth LLC acquired a new position in Ford Motor in the 2nd quarter valued at about $25,000. Family Firm Inc. purchased a new stake in shares of Ford Motor during the 2nd quarter valued at approximately $26,000. Quarry LP acquired a new position in Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC purchased a new position in Ford Motor in the second quarter worth approximately $28,000. Finally, Kimelman & Baird LLC purchased a new stake in Ford Motor in the second quarter valued at $30,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.3 %

F opened at $11.13 on Monday. The stock’s 50 day moving average price is $10.86 and its 200 day moving average price is $11.41. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market cap of $44.23 billion, a P/E ratio of 12.65, a P/E/G ratio of 2.03 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

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

Ford Motor Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Analysts Set New Price Targets

F has been the subject of a number of recent analyst reports. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.