Global Financial Private Capital LLC boosted its holdings in Ford Motor (NYSE:F) by 14.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 249,207 shares of the auto manufacturer’s stock after buying an additional 32,006 shares during the period. Global Financial Private Capital LLC’s holdings in Ford Motor were worth $3,113,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. IFG Advisory LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at about $463,000. Winslow Evans & Crocker Inc. grew its position in shares of Ford Motor by 136.1% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 4,900 shares in the last quarter. Cedar Capital LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at about $126,000. Personal Capital Advisors Corp purchased a new position in shares of Ford Motor during the fourth quarter valued at about $128,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Ford Motor during the third quarter valued at about $124,000. Institutional investors and hedge funds own 54.06% of the company’s stock.
Ford Motor (NYSE F) opened at $10.74 on Thursday. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. Ford Motor has a 1-year low of $10.19 and a 1-year high of $13.48. The company has a market cap of $42,066.68, a PE ratio of 5.65, a P/E/G ratio of 0.64 and a beta of 1.14.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.59%. The ex-dividend date is Monday, January 29th. Ford Motor’s payout ratio is currently 31.58%.
In related news, Director John C. Lechleiter purchased 5,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $10.28 per share, with a total value of $51,400.00. Following the completion of the purchase, the director now owns 30,000 shares of the company’s stock, valued at approximately $308,400. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. In the last three months, insiders sold 47,752 shares of company stock valued at $603,965. 1.08% of the stock is owned by insiders.
A number of brokerages have recently weighed in on F. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 31st. Citigroup raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Nomura cut their price objective on Ford Motor to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price objective for the company. in a research report on Monday, January 29th. Finally, Jefferies Group raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “hold” rating in a research report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.54.
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Ford Motor Company Profile
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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