VisionPoint Advisory Group LLC acquired a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 18,387 shares of the auto manufacturer’s stock, valued at approximately $141,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in F. ERTS Wealth Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $43,000. Stamos Capital Partners L.P. purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $3,328,000. American International Group Inc. grew its holdings in shares of Ford Motor by 3.4% during the 4th quarter. American International Group Inc. now owns 1,766,305 shares of the auto manufacturer’s stock worth $13,512,000 after acquiring an additional 58,420 shares during the period. Geode Capital Management LLC grew its holdings in shares of Ford Motor by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 52,343,847 shares of the auto manufacturer’s stock worth $399,887,000 after acquiring an additional 3,950,938 shares during the period. Finally, Captrust Financial Advisors grew its holdings in shares of Ford Motor by 24.0% during the 4th quarter. Captrust Financial Advisors now owns 19,334 shares of the auto manufacturer’s stock worth $148,000 after acquiring an additional 3,740 shares during the period. Hedge funds and other institutional investors own 52.74% of the company’s stock.
A number of analysts have recently commented on the company. Seaport Global Securities assumed coverage on Ford Motor in a research report on Wednesday, February 13th. They issued a “neutral” rating and a $8.46 price target on the stock. They noted that the move was a valuation call. Jefferies Financial Group reissued a “buy” rating and issued a $11.00 price target on shares of Ford Motor in a research report on Tuesday, January 8th. Zacks Investment Research cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. ValuEngine cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, Deutsche Bank assumed coverage on Ford Motor in a research report on Thursday, December 13th. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. Ford Motor currently has a consensus rating of “Hold” and an average price target of $10.29.
Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, January 23rd. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The business had revenue of $38.70 billion for the quarter, compared to analysts’ expectations of $36.83 billion. Ford Motor had a return on equity of 14.38% and a net margin of 2.29%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 EPS. On average, research analysts predict that Ford Motor will post 1.21 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, January 31st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, January 30th. This represents a $0.60 annualized dividend and a dividend yield of 7.16%. Ford Motor’s payout ratio is 46.15%.
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Ford Motor Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
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