Austin Private Wealth LLC Purchases 1,980 Shares of Ford Motor (NYSE:F)

Austin Private Wealth LLC raised its position in shares of Ford Motor (NYSE:F) by 14.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,369 shares of the auto manufacturer’s stock after purchasing an additional 1,980 shares during the quarter. Austin Private Wealth LLC’s holdings in Ford Motor were worth $187,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Snider Financial Group raised its stake in Ford Motor by 100,345.2% during the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after purchasing an additional 219,586,336 shares during the period. Norges Bank purchased a new position in shares of Ford Motor in the fourth quarter worth $419,237,000. Moneta Group Investment Advisors LLC boosted its position in shares of Ford Motor by 81,406.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock worth $351,241,000 after acquiring an additional 30,164,236 shares during the last quarter. Renaissance Technologies LLC grew its stake in Ford Motor by 133.1% during the second quarter. Renaissance Technologies LLC now owns 20,721,009 shares of the auto manufacturer’s stock valued at $313,509,000 after acquiring an additional 11,832,600 shares in the last quarter. Finally, Holocene Advisors LP bought a new stake in Ford Motor in the 2nd quarter valued at $53,665,000. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on F shares. HSBC started coverage on Ford Motor in a report on Monday, December 4th. They set a “hold” rating and a $11.30 price target for the company. Barclays boosted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. Redburn Atlantic began coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. Citigroup boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $13.75.

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Ford Motor Stock Up 1.6 %

Shares of F traded up $0.21 during midday trading on Thursday, reaching $13.28. 61,811,554 shares of the stock were exchanged, compared to its average volume of 54,680,203. The company has a market capitalization of $52.75 billion, a P/E ratio of 12.29, a PEG ratio of 0.99 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42. The company’s 50 day moving average is $12.19 and its two-hundred day moving average is $11.70.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same quarter in the previous year, the business posted $0.51 EPS. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

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.