NorthRock Partners LLC boosted its holdings in Ford Motor (NYSE:F - Free Report) by 134.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,261 shares of the auto manufacturer's stock after acquiring an additional 24,252 shares during the period. NorthRock Partners LLC's holdings in Ford Motor were worth $418,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. NCP Inc. lifted its stake in Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock worth $738,000 after purchasing an additional 28,528 shares in the last quarter. Alberta Investment Management Corp lifted its stake in Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after purchasing an additional 91,300 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Ford Motor by 12.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer's stock worth $4,511,000 after purchasing an additional 49,844 shares in the last quarter. ABC Arbitrage SA acquired a new position in Ford Motor during the fourth quarter worth $1,012,000. Finally, Donoghue Forlines LLC acquired a new position in Ford Motor during the fourth quarter worth $1,475,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
F has been the topic of a number of research reports. BNP Paribas upgraded Ford Motor to a "hold" rating in a research note on Monday, February 10th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Wednesday. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Finally, TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They set 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 issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $10.00.
Check Out Our Latest Analysis on Ford Motor
Ford Motor Stock Performance
NYSE:F opened at $10.80 on Friday. The firm has a market capitalization of $42.79 billion, a PE ratio of 7.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The business's fifty day moving average price is $9.90 and its 200 day moving average price is $10.05. 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 has a 12 month low of $8.44 and a 12 month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Ford Motor's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.49 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.56%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) 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.
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