Coombe Bender & Co LLC Boosts Position in Ford Motor (NYSE:F)

Coombe Bender & Co LLC raised its stake in Ford Motor (NYSE:F) by 20.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,184 shares of the auto manufacturer’s stock after acquiring an additional 2,250 shares during the period. Coombe Bender & Co LLC’s holdings in Ford Motor were worth $161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bigelow Investment Advisors LLC raised its holdings in shares of Ford Motor by 4.9% during the fourth quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock worth $236,000 after purchasing an additional 908 shares during the period. Sage Mountain Advisors LLC raised its stake in Ford Motor by 7.1% during the third quarter. Sage Mountain Advisors LLC now owns 13,825 shares of the auto manufacturer’s stock worth $172,000 after acquiring an additional 919 shares during the period. Strategic Investment Advisors MI raised its stake in Ford Motor by 1.7% during the third quarter. Strategic Investment Advisors MI now owns 56,039 shares of the auto manufacturer’s stock worth $696,000 after acquiring an additional 921 shares during the period. North Star Asset Management Inc. lifted its holdings in Ford Motor by 8.9% in the fourth quarter. North Star Asset Management Inc. now owns 11,838 shares of the auto manufacturer’s stock worth $144,000 after acquiring an additional 971 shares during the last quarter. Finally, Birmingham Capital Management Co. Inc. AL boosted its stake in Ford Motor by 8.5% in the third quarter. Birmingham Capital Management Co. Inc. AL now owns 12,700 shares of the auto manufacturer’s stock valued at $158,000 after acquiring an additional 1,000 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on F. Morgan Stanley increased their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. UBS Group lifted their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Finally, Royal Bank of Canada upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $14.02.

Ford Motor Stock Up 1.6 %

Shares of Ford Motor stock traded up $0.19 during midday trading on Thursday, reaching $12.39. 21,910,053 shares of the company’s stock traded hands, compared to its average volume of 54,085,039. The company’s 50 day simple moving average is $12.63 and its 200 day simple moving average is $11.80. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The company has a market cap of $49.23 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 0.82 and a beta of 1.61.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. Equities analysts expect that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s payout ratio is currently 61.86%.

Insider Buying and Selling at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.80% of the company’s stock.

About Ford Motor

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.