BLB&B Advisors LLC Has $429,000 Stock Holdings in Ford Motor (NYSE:F)

BLB&B Advisors LLC reduced its position in shares of Ford Motor (NYSE:F) by 43.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,601 shares of the auto manufacturer’s stock after selling 31,543 shares during the quarter. BLB&B Advisors LLC’s holdings in Ford Motor were worth $429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC increased its position in shares of Ford Motor by 1.7% during the first quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after acquiring an additional 836 shares in the last quarter. Insight Wealth Partners LLC increased its holdings in Ford Motor by 1.9% during the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after purchasing an additional 843 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after purchasing an additional 846 shares during the last quarter. RB Capital Management LLC lifted its holdings in shares of Ford Motor by 2.9% in the first quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock valued at $403,000 after purchasing an additional 857 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its position in shares of Ford Motor by 5.0% during the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock valued at $244,000 after buying an additional 875 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $11.06 on Thursday. 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 stock has a fifty day simple moving average of $10.80 and a two-hundred day simple moving average of $11.72. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The firm has a market cap of $44.16 billion, a price-to-earnings ratio of 11.40, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62.

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

Analyst Ratings Changes

Several equities analysts have weighed in on F shares. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research assumed coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 target price on shares of Ford Motor in a research report on Tuesday, September 10th. Finally, Barclays cut their target price on Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.56.

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.