Cary Street Partners Financial LLC purchased a new stake in Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 97,214 shares of the auto manufacturer's stock, valued at approximately $962,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Albion Financial Group UT increased its holdings in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC boosted its position in shares of Ford Motor by 5.4% during the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC grew its stake in shares of Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after buying an additional 1,024 shares in the last quarter. Atlas Brown Inc. raised its holdings in shares of Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock valued at $627,000 after buying an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC lifted its stake in Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after acquiring an additional 1,098 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Price Performance
Ford Motor stock traded up $0.17 during trading hours on Friday, hitting $10.45. The stock had a trading volume of 76,201,623 shares, compared to its average volume of 74,972,285. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The stock has a market capitalization of $41.42 billion, a price-to-earnings ratio of 7.16, a PEG ratio of 0.61 and a beta of 1.53. The stock's fifty day moving average is $9.81 and its two-hundred day moving average is $10.06. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 EPS. As a group, analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's dividend payout ratio is presently 48.00%.
Analyst Ratings Changes
A number of research firms recently issued reports on F. The Goldman Sachs Group lifted their target price on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday. StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a research report on Monday. Barclays raised their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and an average price target of $10.00.
Read Our Latest Analysis on Ford Motor
Ford Motor Company Profile
(
Free Report)
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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