Motley Fool Asset Management LLC acquired a new stake in Ford Motor Company (NYSE:F – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 372,028 shares of the auto manufacturer’s stock, valued at approximately $4,881,000.
Other hedge funds have also modified their holdings of the company. Grove Bank & Trust lifted its position in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. Olistico Wealth LLC purchased a new stake in shares of Ford Motor during the fourth quarter valued at about $26,000. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in shares of Ford Motor during the fourth quarter valued at about $29,000. Johnson Financial Group Inc. lifted its position in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after buying an additional 837 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Ford Motor during the third quarter valued at about $32,000. 58.74% of the stock is owned by hedge funds and other institutional investors.
Ford Motor Price Performance
Shares of NYSE:F opened at $14.31 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. Ford Motor Company has a twelve month low of $10.38 and a twelve month high of $17.78. The company’s 50 day moving average is $13.33 and its 200 day moving average is $13.26. The company has a market cap of $57.00 billion, a PE ratio of -9.23, a price-to-earnings-growth ratio of 0.33 and a beta of 1.79.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.2%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio is currently -38.71%.
Wall Street Analysts Forecast Growth
Several analysts have commented on F shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a research report on Friday, May 15th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Citigroup boosted their target price on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, June 1st. Finally, UBS Group boosted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.41.
Check Out Our Latest Research Report on Ford Motor
Ford Motor Company Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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