Bridge Creek Capital Management LLC Has $1.78 Million Stock Holdings in Ford Motor (NYSE:F)

Bridge Creek Capital Management LLC decreased its position in shares of Ford Motor (NYSE:F - Free Report) by 15.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 177,180 shares of the auto manufacturer's stock after selling 33,400 shares during the quarter. Bridge Creek Capital Management LLC's holdings in Ford Motor were worth $1,777,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of F. Vanguard Group Inc. raised its holdings in Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after buying an additional 57,182,803 shares during the period. Norges Bank acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $387,282,000. Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 88.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after acquiring an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC raised its holdings in shares of Ford Motor by 2,905.1% during the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after acquiring an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

F has been the subject of a number of research analyst reports. Piper Sandler upped their target price on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Wells Fargo & Company decreased their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. TD Cowen began coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. UBS Group decreased their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Finally, Wall Street Zen cut Ford Motor from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Stock Performance

NYSE:F traded down $0.16 during mid-day trading on Thursday, hitting $10.09. 133,026,030 shares of the stock were exchanged, compared to its average volume of 78,810,218. The firm's 50-day simple moving average is $10.00 and its 200 day simple moving average is $10.01. The stock has a market capitalization of $40.10 billion, a price-to-earnings ratio of 6.91, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The company 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 revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. As a group, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.95%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is 48.00%.

Ford Motor Company 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.