MeadowBrook Investment Advisors LLC Purchases Shares of 9,837 Ford Motor (NYSE:F)

MeadowBrook Investment Advisors LLC purchased a new stake in shares of Ford Motor (NYSE:F) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 9,837 shares of the auto manufacturer’s stock, valued at approximately $120,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 3.1% in the 3rd 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 in the last quarter. Fisher Asset Management LLC increased its stake in Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after purchasing an additional 3,522,965 shares in the last quarter. Northern Trust Corp increased its stake in Ford Motor by 3.8% during the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock valued at $473,312,000 after purchasing an additional 1,392,408 shares in the last quarter. LSV Asset Management increased its stake in Ford Motor by 3.9% during the 3rd quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock valued at $251,359,000 after purchasing an additional 751,500 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 21.6% during 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 purchasing an additional 2,190,915 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on F. Barclays raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Citigroup raised their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday. Redburn Atlantic started coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. Piper Sandler started coverage on shares of Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Finally, UBS Group raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $13.74.

Ford Motor Stock Performance

Shares of Ford Motor stock traded up $0.07 on Monday, reaching $12.50. 29,752,156 shares of the stock were exchanged, compared to its average volume of 54,024,184. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The firm has a market capitalization of $49.90 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 0.84 and a beta of 1.61. The business has a 50 day moving average price of $12.65 and a two-hundred day moving average price of $11.81.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.80%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.