Ford Motor Company $F Stock Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its holdings in Ford Motor Company (NYSE:F) by 11.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 563,678 shares of the auto manufacturer’s stock after purchasing an additional 59,578 shares during the period. Crossmark Global Holdings Inc.’s holdings in Ford Motor were worth $6,798,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Ninety One UK Ltd acquired a new position in Ford Motor during the third quarter worth $25,000. Manning & Napier Advisors LLC bought a new position in Ford Motor in the second quarter valued at $31,000. Legacy Wealth Managment LLC ID increased its stake in Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,230 shares during the last quarter. Caldwell Trust Co increased its stake in Ford Motor by 605.8% in the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 2,175 shares during the last quarter. Finally, SJS Investment Consulting Inc. increased its stake in Ford Motor by 343.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock valued at $30,000 after buying an additional 2,039 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on F shares. Barclays boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. decreased their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Wells Fargo & Company lifted their target price on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Jefferies Financial Group upgraded Ford Motor from a “hold” rating to a “buy” rating and upped their target price for the stock from $14.50 to $17.50 in a report on Monday, July 27th. Finally, UBS Group reduced their price target on Ford Motor from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Seven equities research 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $15.36.

Ford Motor Stock Performance

NYSE F opened at $11.95 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The firm’s fifty day moving average price is $13.18 and its two-hundred day moving average price is $13.59. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The firm has a market capitalization of $47.64 billion, a P/E ratio of 7.17, a price-to-earnings-growth ratio of 0.24 and a beta of 1.93.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter last year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. As a group, research analysts anticipate that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor’s dividend payout ratio is presently -32.09%.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.