Ford Motor (NYSE:F) Shares Purchased by Drexel Morgan & Co.

Drexel Morgan & Co. increased its stake in shares of Ford Motor (NYSE:F - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,100,000 shares of the auto manufacturer's stock after buying an additional 100,000 shares during the period. Ford Motor comprises 3.1% of Drexel Morgan & Co.'s portfolio, making the stock its 9th largest holding. Drexel Morgan & Co.'s holdings in Ford Motor were worth $13,409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in F. Apexium Financial LP lifted its holdings in shares of Ford Motor by 1,181.8% in the fourth quarter. Apexium Financial LP now owns 233,192 shares of the auto manufacturer's stock valued at $2,843,000 after purchasing an additional 215,000 shares in the last quarter. Savvy Advisors Inc. purchased a new position in Ford Motor during the fourth quarter worth approximately $274,000. Inceptionr LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $230,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Ford Motor by 7.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,215,838 shares of the auto manufacturer's stock valued at $49,367,000 after buying an additional 279,030 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Ford Motor by 4.9% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 123,803 shares of the auto manufacturer's stock worth $1,509,000 after buying an additional 5,800 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company's stock, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on F. Citigroup lifted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, May 2nd. Royal Bank of Canada raised their target price on Ford Motor from $12.00 to $13.00 and gave the company a "sector perform" rating in a research note on Thursday, April 25th. Barclays boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a research note on Thursday, April 11th. Redburn Atlantic began coverage on Ford Motor in a report on Wednesday, January 24th. They set a "sell" rating and a $10.00 price objective on the stock. Finally, Morgan Stanley increased their target price on Ford Motor from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of "Hold" and an average target price of $13.74.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.06 on Thursday, reaching $12.37. 41,481,670 shares of the company traded hands, compared to its average volume of 53,264,211. The stock has a market capitalization of $49.39 billion, a PE ratio of 12.76, a P/E/G ratio of 0.83 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The company's 50 day moving average is $12.62 and its 200-day moving average is $11.85. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter in the prior year, the business earned $0.63 EPS. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, analysts anticipate that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.85%. Ford Motor's payout ratio is currently 61.86%.

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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