Hilltop Holdings Inc. Invests $170,000 in Ford Motor (F) Stock

Hilltop Holdings Inc. acquired a new stake in Ford Motor (NYSE:F) during the third quarter, HoldingsChannel.com reports. The fund acquired 18,422 shares of the auto manufacturer’s stock, valued at approximately $170,000.

A number of other hedge funds have also made changes to their positions in F. Integrated Wealth Concepts LLC boosted its position in shares of Ford Motor by 40.7% during the third quarter. Integrated Wealth Concepts LLC now owns 18,175 shares of the auto manufacturer’s stock worth $169,000 after purchasing an additional 5,262 shares in the last quarter. Credit Agricole S A boosted its position in shares of Ford Motor by 135.0% during the second quarter. Credit Agricole S A now owns 9,400 shares of the auto manufacturer’s stock worth $104,000 after purchasing an additional 5,400 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of Ford Motor by 1.1% during the second quarter. Mutual of America Capital Management LLC now owns 503,940 shares of the auto manufacturer’s stock worth $5,579,000 after purchasing an additional 5,636 shares in the last quarter. Matisse Capital boosted its position in shares of Ford Motor by 19.7% during the third quarter. Matisse Capital now owns 36,500 shares of the auto manufacturer’s stock worth $338,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Wade G W & Inc. boosted its position in shares of Ford Motor by 48.6% during the third quarter. Wade G W & Inc. now owns 19,256 shares of the auto manufacturer’s stock worth $178,000 after purchasing an additional 6,294 shares in the last quarter. 54.07% of the stock is currently owned by hedge funds and other institutional investors.

F opened at $8.52 on Friday. The firm has a market capitalization of $33.85 billion, a P/E ratio of 4.79, a P/E/G ratio of 1.19 and a beta of 0.68. Ford Motor has a 12 month low of $8.17 and a 12 month high of $13.48. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The business had revenue of $34.66 billion for the quarter, compared to analysts’ expectations of $32.05 billion. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. During the same period in the previous year, the firm posted $0.43 EPS. As a group, equities analysts forecast that Ford Motor will post 1.36 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 3rd. Investors of record on Tuesday, October 23rd were given a $0.15 dividend. The ex-dividend date was Monday, October 22nd. This represents a $0.60 annualized dividend and a yield of 7.04%. Ford Motor’s dividend payout ratio is currently 33.71%.

In other Ford Motor news, VP Steven R. Armstrong sold 13,000 shares of Ford Motor stock in a transaction on Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the sale, the vice president now directly owns 94,527 shares in the company, valued at approximately $901,787.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray T. Charley purchased 4,000 shares of the stock in a transaction on Monday, October 29th. The stock was acquired at an average price of $12.90 per share, for a total transaction of $51,600.00. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 30th. Deutsche Bank assumed coverage on shares of Ford Motor in a research report on Thursday. They set a “buy” rating on the stock. Nomura reduced their price target on shares of Ford Motor from $9.00 to $8.10 and set a “neutral” rating on the stock in a research report on Tuesday, October 30th. Buckingham Research cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, October 25th. Finally, ValuEngine raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 31st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $11.27.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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