NBC Securities Inc. Buys 53,223 Shares of Ford Motor (NYSE:F)

NBC Securities Inc. increased its stake in Ford Motor (NYSE:F - Free Report) by 91,763.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,281 shares of the auto manufacturer's stock after purchasing an additional 53,223 shares during the quarter. NBC Securities Inc.'s holdings in Ford Motor were worth $534,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Tallon Kerry Patrick bought a new stake in Ford Motor during the 4th quarter valued at $116,000. Retirement Systems of Alabama raised its holdings in Ford Motor by 0.6% during the 4th quarter. Retirement Systems of Alabama now owns 845,126 shares of the auto manufacturer's stock valued at $8,367,000 after acquiring an additional 5,057 shares during the period. Hager Investment Management Services LLC bought a new stake in Ford Motor during the 4th quarter valued at $26,000. Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC raised its holdings in Ford Motor by 16.4% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 13,416 shares of the auto manufacturer's stock valued at $133,000 after acquiring an additional 1,894 shares during the period. Institutional investors own 58.74% of the company's stock.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their price target 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. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Piper Sandler boosted their price target on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research report on Thursday, May 22nd. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Finally, Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $10.03.

Ford Motor Stock Performance

Ford Motor stock opened at $10.09 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $40.10 billion, a PE ratio of 6.91, a P/E/G ratio of 0.61 and a beta of 1.53. The firm has a fifty day simple moving average of $10.00 and a two-hundred day simple moving average of $10.00. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. The business 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 3.18% and a return on equity of 16.88%. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. Research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared 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 is presently 48.00%.

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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