Ford Motor (NYSE:F) Shares Purchased by CX Institutional

CX Institutional boosted its holdings in Ford Motor (NYSE:F) by 78.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,232 shares of the auto manufacturer’s stock after acquiring an additional 20,789 shares during the period. CX Institutional’s holdings in Ford Motor were worth $474,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in F. Tallon Kerry Patrick acquired a new position in Ford Motor during the fourth quarter worth $116,000. Empowered Funds LLC lifted its stake in Ford Motor by 10.8% during the fourth quarter. Empowered Funds LLC now owns 104,375 shares of the auto manufacturer’s stock worth $1,033,000 after purchasing an additional 10,148 shares in the last quarter. Sovran Advisors LLC acquired a new position in Ford Motor during the fourth quarter worth $210,000. Van ECK Associates Corp lifted its stake in Ford Motor by 143.3% during the fourth quarter. Van ECK Associates Corp now owns 250,303 shares of the auto manufacturer’s stock worth $2,478,000 after purchasing an additional 147,409 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Ford Motor by 3.9% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,484,075 shares of the auto manufacturer’s stock worth $14,885,000 after purchasing an additional 55,433 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on F shares. Citigroup upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 7th. Sanford C. Bernstein cut Ford Motor from a “market perform” rating to an “underperform” rating and decreased their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. upped their price objective on Ford Motor from $11.00 to $12.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Finally, UBS Group cut their price objective on Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, April 10th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.03.

Ford Motor Stock Performance

NYSE:F opened at $10.44 on Friday. The firm has a market capitalization of $41.50 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.61 and a beta of 1.50. The business’s fifty day moving average price is $10.12 and its 200 day moving average price is $9.98. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Ford Motor’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.49 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.75%. The ex-dividend date was Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently 48.00%.

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.