Catalyst Capital Advisors LLC Raises Stock Holdings in Ford Motor Company $F

Catalyst Capital Advisors LLC boosted its holdings in Ford Motor Company (NYSE:F) by 36.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,081 shares of the auto manufacturer’s stock after purchasing an additional 4,562 shares during the period. Catalyst Capital Advisors LLC’s holdings in Ford Motor were worth $185,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Carnegie Investment Counsel boosted its holdings in Ford Motor by 45.5% in the second quarter. Carnegie Investment Counsel now owns 43,424 shares of the auto manufacturer’s stock valued at $471,000 after purchasing an additional 13,581 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in Ford Motor by 16.0% in the second quarter. Bleakley Financial Group LLC now owns 74,555 shares of the auto manufacturer’s stock valued at $809,000 after purchasing an additional 10,280 shares during the last quarter. LifeWealth Investments LLC boosted its holdings in Ford Motor by 47.4% in the second quarter. LifeWealth Investments LLC now owns 45,115 shares of the auto manufacturer’s stock valued at $490,000 after purchasing an additional 14,511 shares during the last quarter. Ethic Inc. raised its stake in Ford Motor by 30.8% during the second quarter. Ethic Inc. now owns 64,566 shares of the auto manufacturer’s stock valued at $697,000 after buying an additional 15,216 shares in the last quarter. Finally, Parcion Private Wealth LLC raised its stake in Ford Motor by 7.9% during the second quarter. Parcion Private Wealth LLC now owns 12,557 shares of the auto manufacturer’s stock valued at $136,000 after buying an additional 919 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.82 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $13.97. The business has a fifty day simple moving average of $11.85 and a 200 day simple moving average of $11.05. The firm has a market cap of $54.99 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 3.62 and a beta of 1.53.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 12.11% and a net margin of 2.48%.The business had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. During the same period last year, the company earned $0.49 earnings per share. Ford Motor’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, sell-side analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Analyst Ratings Changes

Several analysts have issued reports on F shares. Barclays upped their price objective on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Wells Fargo & Company upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Friday. Finally, Royal Bank Of Canada increased their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.36.

Ford Motor Company 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.