Ford Motor (NYSE:F) Shares Bought by Flputnam Investment Management Co.

Flputnam Investment Management Co. raised its stake in shares of Ford Motor (NYSE:F) by 108.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,220 shares of the auto manufacturer’s stock after acquiring an additional 17,265 shares during the period. Flputnam Investment Management Co.’s holdings in Ford Motor were worth $405,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. RB Capital Management LLC increased its holdings in Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after purchasing an additional 3,477 shares during the last quarter. Fairfield Bush & CO. purchased a new position in shares of Ford Motor during the first quarter worth $37,000. Synovus Financial Corp grew its stake in shares of Ford Motor by 275.4% in the first quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after buying an additional 81,783 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Ford Motor by 17.3% in the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after buying an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after acquiring an additional 16,498 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.2 %

F stock opened at $12.07 on Friday. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The company has a market cap of $47.94 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The company has a fifty day moving average price of $12.60 and a 200 day moving average price of $11.76.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The business’s revenue was up 3.5% compared to the same quarter last year. Sell-side analysts expect that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s payout ratio is 55.56%.

Insider Buying and Selling at Ford Motor

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on F shares. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research report on Wednesday, January 17th. Redburn Atlantic assumed coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Citigroup raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $13.82.

Ford Motor Profile

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.