HL Financial Services LLC increased its stake in shares of Ford Motor Company (NYSE:F) by 4.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 230,466 shares of the auto manufacturer’s stock after buying an additional 9,868 shares during the period. HL Financial Services LLC’s holdings in Ford Motor Company were worth $2,683,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. boosted its position in Ford Motor Company by 13.4% in the fourth quarter. Bessemer Group Inc. now owns 31,989 shares of the auto manufacturer’s stock worth $388,000 after buying an additional 3,784 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Ford Motor Company by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 37,408,809 shares of the auto manufacturer’s stock worth $453,802,000 after buying an additional 183,237 shares during the last quarter. Teza Capital Management LLC acquired a new position in Ford Motor Company during the fourth quarter worth $124,000. Barber Financial Group Inc. acquired a new position in Ford Motor Company during the fourth quarter worth $144,000. Finally, Glenview Trust Co acquired a new position in Ford Motor Company during the fourth quarter worth $150,000. 55.59% of the stock is owned by institutional investors and hedge funds.
Ford Motor Company (NYSE:F) opened at 11.04 on Monday. The company has a 50-day moving average price of $11.08 and a 200 day moving average price of $11.94. The stock has a market capitalization of $43.96 billion, a price-to-earnings ratio of 11.76 and a beta of 1.03. Ford Motor Company has a 12 month low of $10.67 and a 12 month high of $14.04.
Ford Motor Company (NYSE:F) last released its earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.05. The firm had revenue of $36.48 billion during the quarter, compared to analysts’ expectations of $34.62 billion. Ford Motor Company had a net margin of 2.48% and a return on equity of 19.36%. Ford Motor Company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 EPS. Equities analysts predict that Ford Motor Company will post $1.53 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Thursday, April 20th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, April 18th. This represents a $0.60 annualized dividend and a yield of 5.43%. Ford Motor Company’s payout ratio is currently 64.52%.
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A number of research firms recently weighed in on F. Guggenheim began coverage on Ford Motor Company in a report on Wednesday, June 21st. They issued a “neutral” rating and a $13.00 price target for the company. Berenberg Bank set a $10.00 price target on Ford Motor Company and gave the stock a “sell” rating in a report on Monday, June 12th. ValuEngine cut Ford Motor Company from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $12.00 price target on shares of Ford Motor Company in a report on Monday, May 22nd. Finally, Vetr raised Ford Motor Company from a “buy” rating to a “strong-buy” rating and set a $14.17 price target for the company in a report on Tuesday, February 28th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Ford Motor Company presently has an average rating of “Hold” and an average target price of $13.41.
In other Ford Motor Company news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor Company stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the sale, the insider now directly owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.08% of the stock is currently owned by insiders.
Ford Motor Company Company 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.
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