Finley Financial LLC Makes New $47,000 Investment in Ford Motor (NYSE:F)

Finley Financial LLC purchased a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,725 shares of the auto manufacturer’s stock, valued at approximately $47,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the period. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor during the third quarter worth approximately $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $10,853,000. Finally, ING Groep NV increased its stake in shares of Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after buying an additional 570,293 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on F shares. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a research note on Wednesday. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $11.67.

Ford Motor Price Performance

Ford Motor stock opened at $10.44 on Wednesday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The business has a 50 day simple moving average of $10.35 and a 200-day simple moving average of $10.88. The stock has a market capitalization of $41.51 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities analysts predict that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.74%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Ford Motor 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.