Benjamin Edwards Inc. grew its position in shares of Ford Motor (NYSE:F – Free Report) by 121.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 218,704 shares of the auto manufacturer’s stock after buying an additional 119,745 shares during the quarter. Benjamin Edwards Inc.’s holdings in Ford Motor were worth $2,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Franklin Resources Inc. lifted its position in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. lifted its holdings in Ford Motor by 62.0% in the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after purchasing an additional 28,528 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Ford Motor by 3.8% during 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 last quarter. Alberta Investment Management Corp raised its position in shares of Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after purchasing an additional 91,300 shares during the period. Finally, CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Ford Motor in the fourth quarter worth $10,853,000. Institutional investors own 58.74% of the company’s stock.
Ford Motor Price Performance
Shares of F stock opened at $10.45 on Wednesday. The stock’s fifty day simple moving average is $9.75 and its 200 day simple moving average is $10.07. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The firm has a market cap of $41.40 billion, a price-to-earnings ratio of 7.15, a P/E/G ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently 48.00%.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on F. Wells Fargo & Company decreased their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Barclays increased their price objective on Ford Motor from $8.00 to $9.00 and gave the company an “equal weight” rating in a research report on Tuesday. Citigroup began coverage on shares of Ford Motor in a research report on Wednesday, April 23rd. They set a “neutral” rating and a $10.00 target price on the stock. Wolfe Research upgraded shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Monday. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $9.93.
Read Our Latest Stock Report on Ford Motor
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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