Delek Group Ltd. purchased a new stake in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 60,410 shares of the auto manufacturer’s stock, valued at approximately $753,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winslow Evans & Crocker Inc. increased its position in shares of Ford Motor by 136.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after acquiring an additional 4,900 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of Ford Motor in the third quarter valued at about $124,000. Cedar Capital LLC purchased a new position in shares of Ford Motor in the fourth quarter valued at about $126,000. Personal Capital Advisors Corp purchased a new position in shares of Ford Motor in the fourth quarter valued at about $128,000. Finally, Clearbridge Investments LLC increased its position in shares of Ford Motor by 91.3% in the fourth quarter. Clearbridge Investments LLC now owns 10,475 shares of the auto manufacturer’s stock valued at $129,000 after acquiring an additional 5,000 shares during the period. 56.57% of the stock is owned by institutional investors.
A number of equities analysts have issued reports on F shares. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price objective on the stock. in a research report on Monday, January 29th. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Tuesday, January 9th. Cascend Securities cut shares of Ford Motor to a “buy” rating in a research report on Tuesday, December 5th. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.42.
In other news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total value of $234,000.00. Following the transaction, the insider now owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John C. Lechleiter bought 5,000 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $10.28 per share, for a total transaction of $51,400.00. Following the purchase, the director now owns 30,000 shares of the company’s stock, valued at approximately $308,400. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 503,675 shares of company stock worth $5,246,794. Corporate insiders own 1.08% of the company’s stock.
Shares of Ford Motor (NYSE:F) opened at $10.75 on Friday. The firm has a market cap of $44,104.20, a PE ratio of 6.27, a price-to-earnings-growth ratio of 0.67 and a beta of 1.12. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94. Ford Motor has a fifty-two week low of $10.14 and a fifty-two week high of $13.48.
Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). The business had revenue of $38.50 billion during the quarter, compared to analysts’ expectations of $36.96 billion. Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. Ford Motor’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 EPS. equities analysts expect that Ford Motor will post 1.55 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend was Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is presently 31.58%.
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Ford Motor 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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