Vista Investment Partners II LLC purchased a new position in shares of Ford Motor (NYSE:F – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 91,295 shares of the auto manufacturer’s stock, valued at approximately $904,000.
A number of other large investors have also recently made changes to their positions in F. Principal Financial Group Inc. lifted its stake in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the period. Portside Wealth Group LLC raised its holdings in shares of Ford Motor by 19.8% in the 3rd quarter. Portside Wealth Group LLC now owns 13,161 shares of the auto manufacturer’s stock worth $139,000 after purchasing an additional 2,172 shares during the period. CWA Asset Management Group LLC purchased a new stake in shares of Ford Motor in the third quarter worth about $224,000. Holistic Planning LLC acquired a new stake in Ford Motor during the 3rd quarter valued at approximately $147,000. Finally, Atria Investments Inc grew its position in shares of Ford Motor by 1.4% in the 3rd quarter. Atria Investments Inc now owns 308,901 shares of the auto manufacturer’s stock worth $3,262,000 after acquiring an additional 4,377 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. 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. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Finally, Royal Bank of Canada dropped their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.77.
Ford Motor Stock Up 3.1 %
F opened at $9.91 on Monday. The company has a 50 day moving average of $9.72 and a 200 day moving average of $10.38. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The company has a market cap of $39.26 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.
Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts expect that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.
Ford Motor 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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