F Stock: HCR Wealth Advisors bought a new stake in Ford Motor Company (NYSE:F) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,377 shares of the auto manufacturer’s stock, valued at approximately $223,000.
A number of other large investors also recently added to or reduced their stakes in F. Balentine LLC boosted its position in Ford Motor Company by 1.8% in the third quarter. Balentine LLC now owns 8,815 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 160 shares in the last quarter. Hudock Capital Group LLC boosted its position in Ford Motor Company by 0.8% in the third quarter. Hudock Capital Group LLC now owns 9,324 shares of the auto manufacturer’s stock valued at $112,000 after buying an additional 74 shares in the last quarter. Reilly Financial Advisors LLC boosted its position in Ford Motor Company by 2.1% in the third quarter. Reilly Financial Advisors LLC now owns 9,684 shares of the auto manufacturer’s stock valued at $117,000 after buying an additional 200 shares in the last quarter. Rathbone Brothers plc acquired a new position in Ford Motor Company during the third quarter valued at $121,000. Finally, First National Bank Sioux Falls acquired a new position in Ford Motor Company during the third quarter valued at $121,000. 54.19% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ford Motor Company (NYSE:F) opened at 12.55 on Wednesday. The firm’s 50-day moving average price is $12.53 and its 200 day moving average price is $12.31. Ford Motor Company has a 12-month low of $11.07 and a 12-month high of $14.22. The company has a market cap of $49.88 billion, a price-to-earnings ratio of 10.91 and a beta of 1.02.
Ford Motor Company (NYSE:F) last announced its earnings results on Thursday, January 26th. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by $0.01. Ford Motor Company had a return on equity of 23.23% and a net margin of 3.08%. The firm had revenue of $38.70 billion for the quarter, compared to analyst estimates of $35.12 billion. During the same quarter last year, the business posted $0.58 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Ford Motor Company will post $1.64 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Friday, January 20th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 18th. This represents a $0.60 dividend on an annualized basis and a yield of 4.78%. Ford Motor Company’s dividend payout ratio (DPR) is currently 52.63%.
A number of analysts recently commented on F shares. TheStreet upgraded Ford Motor Company from a “hold” rating to a “buy” rating in a research report on Thursday, January 5th. Vetr cut Ford Motor Company from a “buy” rating to a “hold” rating and set a $13.36 price objective for the company. in a research report on Wednesday, December 7th. Goldman Sachs Group Inc set a $12.00 price objective on Ford Motor Company and gave the company a “hold” rating in a research report on Wednesday, January 11th. Instinet upped their price objective on Ford Motor Company from $14.00 to $14.50 and gave the company a “buy” rating in a research report on Wednesday, December 21st. Finally, BMO Capital Markets started coverage on Ford Motor Company in a research report on Tuesday, December 20th. They set a “market perform” rating and a $13.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $13.86.
In related news, insider Bennie W. Fowler sold 92,528 shares of the firm’s stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $12.68, for a total transaction of $1,173,255.04. Following the sale, the insider now owns 450,635 shares in the company, valued at $5,714,051.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Hau N. Thai-Tang sold 17,499 shares of Ford Motor Company stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $13.25, for a total transaction of $231,861.75. Following the completion of the transaction, the insider now owns 31,885 shares in the company, valued at approximately $422,476.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 160,125 shares of company stock worth $2,034,348. 1.10% of the stock is owned by company insiders.
The article first appeared in petroglobalnews24.com