Motley Fool Asset Management LLC Makes New Investment in Ford Motor Company $F

Motley Fool Asset Management LLC bought a new stake in shares of Ford Motor Company (NYSE:F) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 372,028 shares of the auto manufacturer’s stock, valued at approximately $4,881,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Portfolio Design Labs LLC lifted its position in shares of Ford Motor by 7.7% during the 4th quarter. Portfolio Design Labs LLC now owns 169,153 shares of the auto manufacturer’s stock valued at $2,219,000 after buying an additional 12,103 shares in the last quarter. Strategic Advocates LLC lifted its position in shares of Ford Motor by 13.9% during the 4th quarter. Strategic Advocates LLC now owns 13,182 shares of the auto manufacturer’s stock valued at $174,000 after buying an additional 1,612 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its position in shares of Ford Motor by 168.7% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 96,949 shares of the auto manufacturer’s stock valued at $1,272,000 after buying an additional 60,872 shares in the last quarter. Waddell & Associates LLC purchased a new position in shares of Ford Motor during the 4th quarter valued at approximately $204,000. Finally, Cerity Partners LLC lifted its position in shares of Ford Motor by 7.6% during the 4th quarter. Cerity Partners LLC now owns 1,320,131 shares of the auto manufacturer’s stock valued at $17,322,000 after buying an additional 92,710 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 4.3%

Shares of NYSE:F opened at $14.31 on Thursday. The business has a 50-day moving average price of $13.33 and a 200 day moving average price of $13.26. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The company has a market capitalization of $57.00 billion, a price-to-earnings ratio of -9.23, a PEG ratio of 0.33 and a beta of 1.79. Ford Motor Company has a 12-month low of $10.38 and a 12-month high of $17.78.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. Sell-side analysts expect that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Wall Street Analysts Forecast Growth

F has been the subject of several recent research reports. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. The Goldman Sachs Group reduced their price objective on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Wells Fargo & Company reduced their price objective on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Finally, TD Cowen reduced their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $14.41.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.