Polianta Ltd bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 98,100 shares of the auto manufacturer’s stock, valued at approximately $1,225,000.
Several other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors purchased a new position in Ford Motor in the second quarter valued at about $106,000. Balentine LLC grew its stake in Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares in the last quarter. Godsey & Gibb Associates purchased a new position in Ford Motor in the second quarter valued at about $117,000. Brighton Jones LLC grew its stake in Ford Motor by 40.3% in the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock valued at $119,000 after purchasing an additional 5,518 shares in the last quarter. Finally, Affinity Wealth Management grew its stake in Ford Motor by 892.4% in the second quarter. Affinity Wealth Management now owns 107,575 shares of the auto manufacturer’s stock valued at $120,000 after purchasing an additional 96,735 shares in the last quarter. 54.12% of the stock is currently owned by institutional investors.
A number of analysts have weighed in on F shares. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Vetr raised Ford Motor from a “hold” rating to a “buy” rating and set a $13.34 price target for the company in a research report on Wednesday, October 4th. TheStreet raised Ford Motor from a “c+” rating to a “b-” rating in a research report on Thursday, October 5th. FIG Partners reaffirmed a “hold” rating on shares of Ford Motor in a research report on Monday, October 9th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $12.12 to $14.00 in a research report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $12.58.
Shares of Ford Motor (NYSE F) opened at $10.97 on Thursday. The company has a market capitalization of $43,580.00, a P/E ratio of 5.77, a P/E/G ratio of 0.67 and a beta of 1.26. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.48. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). The business had revenue of $38.50 billion for the quarter, compared to the consensus estimate of $36.96 billion. Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share. analysts anticipate that Ford Motor will post 1.56 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.47%. Ford Motor’s payout ratio is 31.58%.
In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the transaction, the insider now directly owns 14,358 shares in the company, valued at approximately $186,654. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven R. Armstrong sold 10,752 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the transaction, the insider now owns 101,159 shares in the company, valued at $1,246,278.88. The disclosure for this sale can be found here. Insiders sold a total of 47,752 shares of company stock worth $603,965 over the last quarter. Corporate insiders own 1.08% of the company’s stock.
WARNING: This piece was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.dispatchtribunal.com/2018/02/01/polianta-ltd-invests-1-23-million-in-ford-motor-f-stock.html.
Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.