Mork Capital Management LLC Buys Shares of 99,700 Ford Motor (NYSE:F)

Mork Capital Management LLC bought a new stake in Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 99,700 shares of the auto manufacturer's stock, valued at approximately $987,000.

Other large investors also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC acquired a new stake in Ford Motor in the fourth quarter valued at $30,000. Kentucky Trust Co acquired a new stake in Ford Motor in the fourth quarter valued at $31,000. Finally, Crewe Advisors LLC lifted its stake in Ford Motor by 169.9% in the fourth 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 last quarter. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F opened at $10.54 on Tuesday. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a market cap of $41.75 billion, a price-to-earnings ratio of 7.22, a PEG ratio of 0.61 and a beta of 1.53. The company has a fifty day moving average price of $9.83 and a 200-day moving average price of $10.05.

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, beating the consensus estimate of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the business earned $0.49 earnings per share. As a group, 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. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.70%. Ford Motor's payout ratio is currently 48.00%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Citigroup raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Finally, Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and cut their target price for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Ford Motor has an average rating of "Hold" and a consensus target price of $10.00.

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.

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