144,434 Shares of Ford Motor Company $F Bought by Westwind Capital

Key Points

• Westwind Capital bought 144,434 Ford shares worth approximately $1.74 million in the third quarter, while institutional investors collectively own 58.74% of the stock.
• Analyst sentiment remains mixed, with Ford holding a consensus “Hold” rating and an average price target of $15.43; recent price targets ranged from $11 to $15.
• Ford shares rose 1.2% to $12.26, while the company reported quarterly EPS of $0.42, exceeding estimates, and maintains a quarterly dividend of $0.15 per share, yielding about 4.9%.

Westwind Capital purchased a new position in Ford Motor Company (NYSE:F - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 144,434 shares of the auto manufacturer's stock, valued at approximately $1,742,000.

Several other large investors also recently modified their holdings of the stock. Artemis Investment Management LLP raised its stake in shares of Ford Motor by 57.4% in the third quarter. Artemis Investment Management LLP now owns 1,890,222 shares of the auto manufacturer's stock worth $22,796,000 after acquiring an additional 689,178 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Ford Motor by 24.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 37,876 shares of the auto manufacturer's stock worth $457,000 after buying an additional 7,424 shares in the last quarter. Vista Investment Partners LLC increased its stake in shares of Ford Motor by 53.9% in the 3rd quarter. Vista Investment Partners LLC now owns 82,388 shares of the auto manufacturer's stock valued at $994,000 after buying an additional 28,846 shares during the period. Venture Visionary Partners LLC raised its position in shares of Ford Motor by 1.7% during the third quarter. Venture Visionary Partners LLC now owns 95,540 shares of the auto manufacturer's stock worth $1,152,000 after acquiring an additional 1,553 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its stake in shares of Ford Motor by 120.4% during the third quarter. Central Pacific Bank Trust Division now owns 18,033 shares of the auto manufacturer's stock valued at $217,000 after acquiring an additional 9,850 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an "underweight" rating in a report on Thursday, June 25th. The Goldman Sachs Group decreased their price objective on Ford Motor from $16.00 to $14.00 and set a "neutral" rating for the company in a research note on Tuesday. UBS Group dropped their price objective on Ford Motor from $17.00 to $15.00 and set a "buy" rating for the company in a report on Wednesday. Dbs Bank upgraded Ford Motor from a "hold" rating to a "moderate buy" rating in a report on Tuesday, August 11th. Finally, Weiss Ratings lowered Ford Motor from a "buy (b)" rating to a "hold (c-)" rating in a research report on Friday, October 2nd. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $15.43.

Ford Motor Trading Up 1.2%

Shares of Ford Motor stock traded up $0.14 during trading hours on Thursday, hitting $12.26. The company's stock had a trading volume of 58,934,160 shares, compared to its average volume of 57,099,566. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The stock has a 50 day moving average of $13.58 and a 200 day moving average of $13.55. The company has a market capitalization of $48.90 billion, a PE ratio of -6.56, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The business had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the firm earned $0.37 EPS. Ford Motor's quarterly revenue was down 3.8% compared to the same quarter last year. Analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.9%. Ford Motor's dividend payout ratio is currently -32.09%.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world's oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

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