Valeo Financial Advisors LLC raised its holdings in Ford Motor (NYSE:F) by 17.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 195,098 shares of the auto manufacturer’s stock after purchasing an additional 29,558 shares during the period. Valeo Financial Advisors LLC’s holdings in Ford Motor were worth $2,437,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Pzena Investment Management LLC grew its holdings in shares of Ford Motor by 6.7% in the 3rd quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after purchasing an additional 1,597,098 shares during the last quarter. Advisors Capital Management LLC grew its holdings in shares of Ford Motor by 21.2% in the 3rd quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock worth $5,783,000 after purchasing an additional 84,375 shares during the last quarter. Chevy Chase Trust Holdings Inc. grew its holdings in shares of Ford Motor by 1.7% in the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 3,748,158 shares of the auto manufacturer’s stock worth $44,865,000 after purchasing an additional 64,036 shares during the last quarter. Strs Ohio grew its holdings in shares of Ford Motor by 3.8% in the 3rd quarter. Strs Ohio now owns 3,416,273 shares of the auto manufacturer’s stock worth $40,892,000 after purchasing an additional 125,660 shares during the last quarter. Finally, FormulaFolio Investments LLC grew its holdings in shares of Ford Motor by 171.5% in the 3rd quarter. FormulaFolio Investments LLC now owns 40,257 shares of the auto manufacturer’s stock worth $482,000 after purchasing an additional 25,427 shares during the last quarter. 54.94% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor (NYSE:F) opened at $10.61 on Monday. The stock has a market cap of $42,157.25, a PE ratio of 5.58, a P/E/G ratio of 0.64 and a beta of 1.13. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94. Ford Motor has a 52-week low of $10.19 and a 52-week high of $13.48.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.03). The company had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $0.30 EPS. analysts forecast that Ford Motor will post 1.54 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.66%. Ford Motor’s payout ratio is presently 31.58%.
In other Ford Motor news, Director John C. Lechleiter bought 5,000 shares of the business’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $10.28 per share, for a total transaction of $51,400.00. Following the transaction, the director now owns 30,000 shares in the company, valued at approximately $308,400. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $13.00, for a total transaction of $234,000.00. Following the transaction, the insider now owns 14,358 shares in the company, valued at $186,654. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,752 shares of company stock worth $603,965. Corporate insiders own 1.08% of the company’s stock.
Several research firms have recently weighed in on F. Zacks Investment Research raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Thursday. ValuEngine lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Nomura lowered their target price on shares of Ford Motor to $11.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. Vetr lowered shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 target price on the stock. in a report on Monday, January 29th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $12.54.
About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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