Fishman Jay A Ltd. MI acquired a new position in Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 42,861 shares of the auto manufacturer’s stock, valued at approximately $535,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pzena Investment Management LLC grew its stake in shares of Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after acquiring an additional 1,597,098 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of Ford Motor by 21.2% in the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock worth $5,783,000 after acquiring an additional 84,375 shares during the last quarter. Chevy Chase Trust Holdings Inc. grew its stake in shares of Ford Motor by 1.7% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 3,748,158 shares of the auto manufacturer’s stock worth $44,865,000 after acquiring an additional 64,036 shares during the last quarter. Strs Ohio grew its stake in shares of Ford Motor by 3.8% in the third quarter. Strs Ohio now owns 3,416,273 shares of the auto manufacturer’s stock worth $40,892,000 after acquiring an additional 125,660 shares during the last quarter. Finally, FormulaFolio Investments LLC grew its stake in shares of Ford Motor by 171.5% in the third quarter. FormulaFolio Investments LLC now owns 40,257 shares of the auto manufacturer’s stock worth $482,000 after acquiring an additional 25,427 shares during the last quarter. Institutional investors and hedge funds own 54.06% of the company’s stock.
Several equities research analysts recently commented on F shares. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Tuesday, December 26th. Cascend Securities cut Ford Motor to a “buy” rating in a research report on Tuesday, December 5th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price objective on the stock. in a research report on Monday, January 29th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $12.54.
In other news, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the transaction, the insider now owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Insiders sold 47,752 shares of company stock worth $603,965 in the last ninety days. Corporate insiders own 1.08% of the company’s stock.
Shares of Ford Motor (NYSE F) traded up $0.13 during trading hours on Wednesday, reaching $10.72. The company’s stock had a trading volume of 21,112,451 shares, compared to its average volume of 58,337,219. The stock has a market capitalization of $42,580.00, a PE ratio of 5.65, a price-to-earnings-growth ratio of 0.64 and a beta of 1.14. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. Ford Motor has a fifty-two week low of $10.19 and a fifty-two week high of $13.48.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The firm had revenue of $38.50 billion during the quarter, compared to analysts’ expectations of $36.96 billion. During the same period in the previous year, the business posted $0.30 earnings per share. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. equities analysts forecast that Ford Motor will post 1.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is currently 31.58%.
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About Ford Motor
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.
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