Motley Fool Asset Management LLC Increases Position in Ford Motor (F)

Motley Fool Asset Management LLC lifted its holdings in Ford Motor (NYSE:F) by 23.6% in the first quarter, HoldingsChannel reports. The firm owned 67,012 shares of the auto manufacturer’s stock after buying an additional 12,775 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Ford Motor were worth $588,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Motco grew its holdings in shares of Ford Motor by 1,162.6% in the first quarter. Motco now owns 2,904 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 2,674 shares in the last quarter. JNBA Financial Advisors grew its holdings in Ford Motor by 100.0% during the 1st quarter. JNBA Financial Advisors now owns 3,000 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,500 shares in the last quarter. Stone House Investment Management LLC acquired a new position in Ford Motor during the 1st quarter worth approximately $27,000. Howe & Rusling Inc. grew its holdings in Ford Motor by 173.0% during the 4th quarter. Howe & Rusling Inc. now owns 3,631 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 2,301 shares in the last quarter. Finally, WP Advisors LLC acquired a new position in Ford Motor during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 52.77% of the company’s stock.

In other Ford Motor news, Director John C. Lechleiter purchased 10,000 shares of Ford Motor stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average price of $10.32 per share, for a total transaction of $103,200.00. Following the transaction, the director now directly owns 55,000 shares in the company, valued at $567,600. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Catherine A. O’callaghan sold 53,000 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $10.33, for a total transaction of $547,490.00. Following the completion of the sale, the vice president now owns 48,275 shares of the company’s stock, valued at approximately $498,680.75. The disclosure for this sale can be found here. Corporate insiders own 0.83% of the company’s stock.

Several research analysts have commented on the stock. Jefferies Financial Group upgraded shares of Ford Motor to a “buy” rating and boosted their price target for the stock from $11.00 to $12.50 in a report on Tuesday, April 30th. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating and set a $12.00 price target for the company in a report on Tuesday, April 30th. ValuEngine upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. Citigroup reiterated a “reduce” rating on shares of Ford Motor in a report on Wednesday, April 10th. Finally, Nomura cut shares of Ford Motor from a “neutral” rating to a “reduce” rating and lowered their price target for the stock from $8.20 to $7.50 in a report on Friday, April 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Ford Motor has an average rating of “Hold” and a consensus price target of $10.48.

Shares of Ford Motor stock opened at $10.29 on Friday. Ford Motor has a 12-month low of $7.41 and a 12-month high of $12.15. The company has a quick ratio of 1.10, a current ratio of 1.22 and a debt-to-equity ratio of 2.82. The firm has a market capitalization of $41.32 billion, a PE ratio of 7.92, a P/E/G ratio of 1.03 and a beta of 1.12.

Ford Motor (NYSE:F) last issued its earnings results on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.18. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. The business had revenue of $40.34 billion during the quarter, compared to analysts’ expectations of $37.37 billion. During the same quarter in the prior year, the business posted $0.43 EPS. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.38 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, April 24th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.83%. The ex-dividend date of this dividend is Tuesday, April 23rd. Ford Motor’s payout ratio is 46.15%.

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About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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