Brookstone Capital Management Grows Position in Ford Motor Company $F

Brookstone Capital Management increased its holdings in shares of Ford Motor Company (NYSE:F) by 13.2% in the first quarter, Holdings Channel reports. The firm owned 1,149,193 shares of the auto manufacturer’s stock after buying an additional 134,314 shares during the period. Brookstone Capital Management’s holdings in Ford Motor were worth $13,262,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Grove Bank & Trust increased its position in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares during the last quarter. MV Capital Management Inc. purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $25,000. Olistico Wealth LLC acquired a new stake in Ford Motor in the 4th quarter valued at approximately $26,000. McMillan Office Inc. acquired a new stake in Ford Motor in the 4th quarter valued at approximately $26,000. Finally, Johnson Financial Group Inc. raised its position in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Citigroup upped their price target on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Bank of America boosted their price objective on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Royal Bank Of Canada restated a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a report on Friday, May 15th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $14.63.

Ford Motor Stock Up 0.0%

Shares of Ford Motor stock opened at $14.06 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 52-week low of $10.42 and a 52-week high of $17.78. The company has a market capitalization of $56.04 billion, a P/E ratio of -9.07, a P/E/G ratio of 0.31 and a beta of 1.79. The company has a 50 day moving average of $13.75 and a 200 day moving average of $13.34.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same period in the prior year, the firm posted $0.14 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. As a group, research analysts forecast that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s payout ratio is presently -38.71%.

Ford Motor Profile

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.