Brookstone Capital Management Has $12.26 Million Position in Ford Motor (NYSE:F)

Brookstone Capital Management increased its stake in Ford Motor (NYSE:F) by 29.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,238,452 shares of the auto manufacturer’s stock after purchasing an additional 283,323 shares during the quarter. Brookstone Capital Management’s holdings in Ford Motor were worth $12,261,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meridian Financial Partners LLC lifted its holdings in shares of Ford Motor by 1.1% during the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after buying an additional 953 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the last quarter. Beaird Harris Wealth Management LLC increased its position in shares of Ford Motor by 3.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock valued at $421,000 after purchasing an additional 982 shares during the period. Pure Financial Advisors LLC increased its position in shares of Ford Motor by 6.6% during the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after purchasing an additional 990 shares during the period. Finally, PBMares Wealth Management LLC increased its position in shares of Ford Motor by 9.0% during the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after purchasing an additional 991 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F stock opened at $9.71 on Tuesday. The stock’s fifty day moving average is $10.46 and its 200-day moving average is $10.99. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market capitalization of $38.59 billion, a PE ratio of 11.03, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. Equities research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.18%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is presently 68.18%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $11.83.

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.