Newbridge Financial Services Group Inc. Buys New Position in Ford Motor (NYSE:F)

Newbridge Financial Services Group Inc. purchased a new position in shares of Ford Motor (NYSE:F) in the 4th quarter, HoldingsChannel reports. The firm purchased 35,826 shares of the auto manufacturer’s stock, valued at approximately $355,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new stake in Ford Motor in the fourth quarter worth approximately $26,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor during the 3rd quarter worth approximately $33,000. Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. Access Investment Management LLC acquired a new position in shares of Ford Motor during the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC bought a new position in Ford Motor during the fourth quarter worth $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 0.1 %

Ford Motor stock opened at $9.25 on Monday. Ford Motor has a fifty-two week low of $9.18 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.98 and a current ratio of 1.16. The firm’s 50-day simple moving average is $10.06 and its 200 day simple moving average is $10.54. The stock has a market cap of $36.76 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts predict that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analyst Ratings Changes

Several brokerages have recently weighed in on F. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.04.

About Ford Motor

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.