HFG Advisors Inc. Makes New $592,000 Investment in Ford Motor Company (NYSE:F)

HFG Advisors Inc. purchased a new position in Ford Motor Company (NYSE:F - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 59,000 shares of the auto manufacturer's stock, valued at approximately $592,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. NCP Inc. boosted its holdings in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after acquiring an additional 28,528 shares in the last quarter. Alberta Investment Management Corp increased its holdings in shares of Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after purchasing an additional 91,300 shares during the period. Tounjian Advisory Partners LLC purchased a new stake in shares of Ford Motor during the first quarter worth $974,000. Wernau Asset Management Inc. bought a new position in Ford Motor during the fourth quarter valued at approximately $344,000. Finally, Versor Investments LP lifted its position in shares of Ford Motor by 846.6% in the fourth quarter. Versor Investments LP now owns 111,700 shares of the auto manufacturer's stock worth $1,106,000 after buying an additional 99,900 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.43 on Wednesday. The firm has a fifty day moving average of $10.18 and a two-hundred day moving average of $9.96. The stock has a market capitalization of $41.46 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 0.90 and a beta of 1.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating 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 net margin of 2.74% and a return on equity of 13.49%. The business's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 earnings per share. As a group, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio is presently 48.00%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Citigroup upped their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Piper Sandler lifted their price target 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. The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. upped their target price 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 Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $10.03.

About Ford Motor

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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