Vontobel Holding Ltd. Acquires 49,191 Shares of Ford Motor (NYSE:F)

Vontobel Holding Ltd. raised its stake in shares of Ford Motor (NYSE:F) by 37.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 180,619 shares of the auto manufacturer’s stock after acquiring an additional 49,191 shares during the quarter. Vontobel Holding Ltd.’s holdings in Ford Motor were worth $1,907,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in F. Legacy Financial Group LLC grew its position in shares of Ford Motor by 7.9% in the 3rd quarter. Legacy Financial Group LLC now owns 19,045 shares of the auto manufacturer’s stock worth $201,000 after buying an additional 1,401 shares during the last quarter. Oxinas Partners Wealth Management LLC increased its position in shares of Ford Motor by 104.8% during the third quarter. Oxinas Partners Wealth Management LLC now owns 24,501 shares of the auto manufacturer’s stock worth $259,000 after purchasing an additional 12,539 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at $160,000. Swedbank AB boosted its position in shares of Ford Motor by 13.5% in the 3rd quarter. Swedbank AB now owns 942,663 shares of the auto manufacturer’s stock worth $9,955,000 after purchasing an additional 112,066 shares in the last quarter. Finally, Zhang Financial LLC grew its stake in Ford Motor by 1.3% during the 3rd quarter. Zhang Financial LLC now owns 160,448 shares of the auto manufacturer’s stock worth $1,694,000 after buying an additional 2,015 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Barclays lowered their price target on Ford Motor from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $12.56.

Ford Motor Trading Up 0.3 %

Ford Motor stock opened at $11.10 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm has a market cap of $44.31 billion, a PE ratio of 11.44, a P/E/G ratio of 0.77 and a beta of 1.62. The stock’s 50 day simple moving average is $10.75 and its two-hundred day simple moving average is $11.77. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 EPS. Analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%. Ford Motor’s payout ratio is 61.86%.

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.