Ford Motor (NYSE:F) Shares Purchased by NewSquare Capital LLC

NewSquare Capital LLC raised its position in Ford Motor (NYSE:F) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 579,701 shares of the auto manufacturer’s stock after buying an additional 23,133 shares during the quarter. NewSquare Capital LLC’s holdings in Ford Motor were worth $6,974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of F. Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock valued at $1,085,406,000 after purchasing an additional 2,657,650 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock worth $473,312,000 after acquiring an additional 1,392,408 shares during the period. LSV Asset Management raised its holdings in Ford Motor by 3.9% during the third quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock worth $251,359,000 after purchasing an additional 751,500 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 21.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after purchasing an additional 2,190,915 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in shares of Ford Motor by 2.0% in the 3rd quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer’s stock valued at $92,935,000 after buying an additional 150,117 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was 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 directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. Piper Sandler initiated coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a research report on Wednesday, January 17th. Redburn Atlantic initiated coverage on shares of Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price for the company. Barclays upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Morgan Stanley raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Up 0.5 %

Shares of F traded up $0.06 during mid-day trading on Tuesday, reaching $12.95. 62,725,910 shares of the stock traded hands, compared to its average volume of 53,616,461. The firm has a market cap of $51.44 billion, a price-to-earnings ratio of 11.97, a P/E/G ratio of 0.96 and a beta of 1.63. The stock has a fifty day simple moving average of $12.59 and a 200 day simple moving average of $11.76. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The business had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. Sell-side analysts expect that Ford Motor will post 1.89 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a dividend of $0.33 per share. 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 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.