Vise Technologies Inc. lifted its stake in Ford Motor Company (NYSE:F – Free Report) by 156.0% in the 4th quarter, Holdings Channel reports. The firm owned 206,830 shares of the auto manufacturer’s stock after purchasing an additional 126,051 shares during the quarter. Vise Technologies Inc.’s holdings in Ford Motor were worth $2,714,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust lifted its stake in shares of Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares during the period. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $26,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $29,000. Johnson Financial Group Inc. lifted its stake in shares of 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. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Ford Motor in the third quarter valued at about $32,000. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently commented on F shares. Morgan Stanley reiterated an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. The Goldman Sachs Group reduced their price objective on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. Finally, Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.20.
Ford Motor Stock Performance
NYSE:F opened at $14.91 on Friday. 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 firm has a 50-day moving average price of $13.12 and a two-hundred day moving average price of $13.22. Ford Motor Company has a twelve month low of $10.15 and a twelve month high of $17.78. The company has a market capitalization of $59.39 billion, a P/E ratio of -9.62, a price-to-earnings-growth ratio of 0.32 and a beta of 1.79.
Ford Motor (NYSE:F – Get Free Report) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same period last year, the firm posted $0.14 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, research analysts expect that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued 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 4.0%. Ford Motor’s payout ratio is -38.71%.
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.
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