Stonebrook Private Inc. Takes $140,000 Position in Ford Motor (NYSE:F)

Stonebrook Private Inc. acquired a new position in shares of Ford Motor (NYSE:F) in the 4th quarter, Holdings Channel.com reports. The fund acquired 11,474 shares of the auto manufacturer’s stock, valued at approximately $140,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after acquiring an additional 2,657,650 shares during the last quarter. Northern Trust Corp lifted its position in Ford Motor by 3.8% during the third quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock worth $473,312,000 after buying an additional 1,392,408 shares during the period. LSV Asset Management boosted its stake in Ford Motor by 3.9% in the 3rd quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock worth $251,359,000 after buying an additional 751,500 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Ford Motor by 21.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after buying an additional 2,190,915 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of Ford Motor by 2.0% during the 3rd quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer’s stock valued at $92,935,000 after acquiring an additional 150,117 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on F shares. Morgan Stanley boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Barclays upped their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Piper Sandler assumed coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. Redburn Atlantic initiated coverage on Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. Finally, Royal Bank of Canada lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $14.02.

Ford Motor Stock Down 0.4 %

Ford Motor stock opened at $12.74 on Tuesday. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The firm has a market cap of $50.62 billion, a PE ratio of 13.13, a P/E/G ratio of 0.86 and a beta of 1.63. The firm’s 50 day moving average price is $12.63 and its two-hundred day moving average price is $11.79.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. Ford Motor’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 earnings per share. On average, research analysts predict that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.71%. Ford Motor’s payout ratio is 61.86%.

Insider Buying and Selling

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.