Sherbrooke Park Advisers LLC Buys 5,982 Shares of Ford Motor (NYSE:F)

Sherbrooke Park Advisers LLC raised its stake in shares of Ford Motor (NYSE:F) by 20.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,441 shares of the auto manufacturer’s stock after buying an additional 5,982 shares during the period. Sherbrooke Park Advisers LLC’s holdings in Ford Motor were worth $351,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Albion Financial Group UT raised its holdings in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC grew its stake in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after buying an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC grew its stake in Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after buying an additional 1,024 shares during the last quarter. Cornerstone Wealth Group LLC grew its stake in Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock valued at $113,000 after buying an additional 1,098 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its stake in Ford Motor by 10.1% in the 4th quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer’s stock valued at $120,000 after buying an additional 1,112 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

NYSE F opened at $10.80 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $42.79 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 0.61 and a beta of 1.53. The firm’s 50 day simple moving average is $9.90 and its 200 day simple moving average is $10.05. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. As a group, research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.56%. Ford Motor’s dividend payout ratio is 48.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on F shares. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, May 14th. The Goldman Sachs Group upped their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. Finally, Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $10.00.

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.