Bcwm LLC acquired a new stake in Ford Motor (NYSE:F – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 370,362 shares of the auto manufacturer’s stock, valued at approximately $3,667,000.
A number of other large investors also recently made changes to their positions in F. Quest Partners LLC acquired a new position in Ford Motor during the third quarter worth $96,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Ford Motor in the 3rd quarter valued at $186,000. Cerity Partners LLC raised its stake in Ford Motor by 10.8% in the third quarter. Cerity Partners LLC now owns 324,052 shares of the auto manufacturer’s stock valued at $3,422,000 after purchasing an additional 31,707 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Ford Motor by 8.9% during the 3rd quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock worth $994,000 after acquiring an additional 7,650 shares in the last quarter. Finally, Freedom Investment Management Inc. increased its stake in shares of Ford Motor by 8.6% in the 3rd quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock valued at $153,000 after purchasing an additional 1,142 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on F. Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price for the company. Finally, Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $11.37.
Ford Motor Trading Down 1.8 %
NYSE:F opened at $9.73 on Friday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a market cap of $38.54 billion, a PE ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a 50-day moving average of $9.75 and a 200-day moving average of $10.28.
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. Ford Motor’s dividend payout ratio is currently 41.10%.
Ford Motor 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.
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