338,021 Ford Motor Company $F Shares Purchased by Howard Capital Management LLC

Howard Capital Management LLC boosted its holdings in shares of Ford Motor Company (NYSE:F) by 218.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 492,873 shares of the auto manufacturer’s stock after buying an additional 338,021 shares during the quarter. Howard Capital Management LLC’s holdings in Ford Motor were worth $5,944,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. BlackRock Inc. acquired a new position in shares of Ford Motor in the second quarter worth $4,649,131,000. State Street Corp raised its stake in shares of Ford Motor by 0.8% in the second quarter. State Street Corp now owns 194,039,770 shares of the auto manufacturer’s stock valued at $2,697,153,000 after acquiring an additional 1,492,186 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Ford Motor by 318.0% in the second quarter. Bank of America Corp DE now owns 72,424,686 shares of the auto manufacturer’s stock valued at $1,006,703,000 after acquiring an additional 55,100,244 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Ford Motor in the second quarter valued at $717,218,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Ford Motor by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock valued at $547,379,000 after purchasing an additional 1,585,557 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. JPMorgan Chase & Co. lowered their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. TD Cowen increased their price target on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reduced their price target on Ford Motor from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 6th. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, BNP Paribas Exane boosted their price objective on Ford Motor from $14.00 to $14.50 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $15.36.

Ford Motor Stock Up 1.1%

Shares of F traded up $0.14 during midday trading on Friday, reaching $12.45. The stock had a trading volume of 49,453,086 shares, compared to its average volume of 44,352,832. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. The company’s fifty day simple moving average is $13.33 and its two-hundred day simple moving average is $13.56. The company has a market cap of $49.63 billion, a price-to-earnings ratio of -6.66, a PEG 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) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 EPS. Equities research analysts expect that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a $0.15 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

Ford Motor 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.