Teamwork Financial Advisors LLC Invests $1.10 Million in Ford Motor (NYSE:F)

Teamwork Financial Advisors LLC acquired a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 110,633 shares of the auto manufacturer’s stock, valued at approximately $1,095,000.

Several other large investors have also added to or reduced their stakes in the company. Ensign Peak Advisors Inc lifted its position in shares of Ford Motor by 40.5% in the second quarter. Ensign Peak Advisors Inc now owns 589,197 shares of the auto manufacturer’s stock worth $7,389,000 after buying an additional 169,725 shares in the last quarter. ProShare Advisors LLC increased its position in Ford Motor by 7.4% in the second quarter. ProShare Advisors LLC now owns 600,449 shares of the auto manufacturer’s stock worth $7,530,000 after purchasing an additional 41,229 shares during the last quarter. 1832 Asset Management L.P. lifted its position in Ford Motor by 154.2% during the second quarter. 1832 Asset Management L.P. now owns 6,384 shares of the auto manufacturer’s stock valued at $80,000 after purchasing an additional 3,873 shares during the last quarter. DRW Securities LLC purchased a new position in shares of Ford Motor in the 2nd quarter worth $161,000. Finally, Public Sector Pension Investment Board increased its holdings in shares of Ford Motor by 76.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 153,112 shares of the auto manufacturer’s stock worth $1,920,000 after buying an additional 66,123 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 3.8 %

NYSE:F opened at $10.04 on Thursday. The company has a market capitalization of $39.88 billion, a P/E ratio of 11.40, a PEG ratio of 2.01 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The firm has a fifty day simple moving average of $10.33 and a 200-day simple moving average of $10.87.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a report on Wednesday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Four analysts have rated the stock with a sell rating, nine 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 an average price target of $11.67.

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.