Brooklyn FI LLC Invests $105,000 in Ford Motor (NYSE:F)

Brooklyn FI LLC purchased a new position in Ford Motor (NYSE:F) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 10,320 shares of the auto manufacturer’s stock, valued at approximately $105,000.

Other hedge funds have also recently modified their holdings of the company. ProVise Management Group LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at about $106,000. Xponance Inc. boosted its holdings in shares of Ford Motor by 5.8% in the 4th quarter. Xponance Inc. now owns 585,549 shares of the auto manufacturer’s stock valued at $5,797,000 after buying an additional 32,146 shares in the last quarter. Generali Asset Management SPA SGR bought a new stake in shares of Ford Motor in the 4th quarter valued at about $4,572,000. Horizon Investments LLC boosted its holdings in shares of Ford Motor by 2.3% in the 4th quarter. Horizon Investments LLC now owns 136,086 shares of the auto manufacturer’s stock valued at $1,347,000 after buying an additional 3,066 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Ford Motor by 42.3% during the fourth quarter. Advisors Asset Management Inc. now owns 414,857 shares of the auto manufacturer’s stock worth $4,107,000 after acquiring an additional 123,223 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.18 on Thursday. The company’s fifty day moving average price is $9.72 and its 200 day moving average price is $10.31. Ford Motor has a 1 year low of $9.06 and a 1 year high of $14.85. The company has a market capitalization of $40.33 billion, a PE ratio of 6.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.90%. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on F shares. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Royal Bank of Canada dropped their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. TD Cowen started coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price target on the stock. Finally, Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $11.68.

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.