Community Bank & Trust Waco Texas Buys Shares of 13,000 Ford Motor (NYSE:F)

Community Bank & Trust Waco Texas purchased a new stake in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,000 shares of the auto manufacturer’s stock, valued at approximately $158,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in Ford Motor by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after buying an additional 2,657,650 shares in the last quarter. Northern Trust Corp lifted its position in shares of Ford Motor by 3.8% during the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock valued at $473,312,000 after buying an additional 1,392,408 shares in the last quarter. LSV Asset Management lifted its position in shares of Ford Motor by 3.9% during the 3rd quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock valued at $251,359,000 after buying an additional 751,500 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Ford Motor by 21.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after buying an additional 2,190,915 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of Ford Motor by 2.0% during the 3rd quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer’s stock valued at $92,935,000 after buying an additional 150,117 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Citigroup lifted their price objective on 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 Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a report on Wednesday, January 17th. Morgan Stanley boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Finally, Redburn Atlantic initiated coverage on Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.82.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.40% of the stock is currently owned by company insiders.

Ford Motor Stock Up 0.4 %

Shares of F stock traded up $0.05 during mid-day trading on Tuesday, hitting $12.93. The stock had a trading volume of 49,257,531 shares, compared to its average volume of 53,422,980. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a market capitalization of $51.38 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The firm’s 50-day moving average is $12.59 and its two-hundred day moving average is $11.76. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 EPS. On average, analysts predict that Ford Motor will post 1.89 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

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.