Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Ford Motor (NYSE:F - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,940,886 shares of the auto manufacturer's stock, valued at approximately $19,215,000.
Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock valued at $195,000 after acquiring an additional 1,001 shares in the last quarter. Angeles Wealth Management LLC boosted its position in Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after purchasing an additional 1,024 shares in the last quarter. Proficio Capital Partners LLC boosted its position in Ford Motor by 10.1% during the fourth quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock valued at $120,000 after purchasing an additional 1,112 shares in the last quarter. Pitcairn Co. boosted its position in Ford Motor by 2.2% during the fourth quarter. Pitcairn Co. now owns 53,324 shares of the auto manufacturer's stock valued at $528,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC boosted its holdings in shares of Ford Motor by 7.9% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 17,019 shares of the auto manufacturer's stock valued at $159,000 after buying an additional 1,243 shares in the last quarter. Institutional investors own 58.74% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on F. UBS Group lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Citigroup raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price target for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $10.03.
Get Our Latest Report on Ford Motor
Ford Motor Stock Performance
NYSE F traded up $0.15 on Friday, reaching $10.37. 152,075,528 shares of the company's stock traded hands, compared to its average volume of 77,624,322. The firm has a market cap of $41.24 billion, a price-to-earnings ratio of 7.10, a P/E/G ratio of 0.61 and a beta of 1.53. The stock has a 50 day moving average price of $10.00 and a 200-day moving average price of $10.01. 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 issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to analysts' expectations 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 for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 EPS. Equities research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's payout ratio is presently 48.00%.
About Ford Motor
(
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.
Read More
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
