13,512 Shares in Ford Motor (NYSE:F) Bought by Boston Private Wealth LLC

Boston Private Wealth LLC purchased a new stake in shares of Ford Motor (NYSE:F) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 13,512 shares of the auto manufacturer’s stock, valued at approximately $191,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. OLD Mission Capital LLC purchased a new stake in shares of Ford Motor in the third quarter worth $108,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Ford Motor by 12.8% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 723,065 shares of the auto manufacturer’s stock valued at $10,745,000 after acquiring an additional 82,281 shares during the period. Rafferty Asset Management LLC lifted its position in shares of Ford Motor by 12.8% in the second quarter. Rafferty Asset Management LLC now owns 31,968 shares of the auto manufacturer’s stock valued at $475,000 after acquiring an additional 3,638 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Ford Motor by 19.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 250,224 shares of the auto manufacturer’s stock worth $3,718,000 after acquiring an additional 40,999 shares during the period. Finally, National Asset Management Inc. grew its position in shares of Ford Motor by 8.5% during the second quarter. National Asset Management Inc. now owns 196,432 shares of the auto manufacturer’s stock worth $2,919,000 after purchasing an additional 15,432 shares in the last quarter. Institutional investors and hedge funds own 50.65% of the company’s stock.

Several research firms have weighed in on F. Royal Bank of Canada downgraded Ford Motor from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from $21.00 to $26.00 in a research note on Friday. Benchmark raised their target price on shares of Ford Motor from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, October 28th. Nomura cut shares of Ford Motor from a “neutral” rating to a “reduce” rating and set a $13.00 price target on the stock. in a research note on Tuesday, November 2nd. They noted that the move was a valuation call. Tigress Financial restated a “buy” rating and set a $20.00 price objective on shares of Ford Motor in a research report on Wednesday, October 20th. Finally, Morgan Stanley boosted their target price on Ford Motor from $11.00 to $12.00 and gave the stock an “underweight” rating in a research report on Thursday, November 11th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $19.55.

In other news, insider William Clay Ford, Jr. purchased 412,500 shares of the business’s stock in a transaction dated Friday, December 10th. The shares were purchased at an average price of $20.62 per share, for a total transaction of $8,505,750.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kiersten Robinson sold 12,419 shares of the company’s stock in a transaction dated Monday, November 8th. The stock was sold at an average price of $20.17, for a total transaction of $250,491.23. The disclosure for this sale can be found here. Insiders have sold 118,088 shares of company stock valued at $2,345,456 in the last ninety days. Insiders own 0.90% of the company’s stock.

F stock opened at $25.19 on Friday. Ford Motor has a twelve month low of $9.82 and a twelve month high of $25.87. The firm has a market cap of $100.67 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 0.52 and a beta of 1.11. The business’s fifty day simple moving average is $20.82 and its two-hundred day simple moving average is $16.58. The company has a quick ratio of 1.05, a current ratio of 1.20 and a debt-to-equity ratio of 2.65.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, October 26th. The auto manufacturer reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.24. Ford Motor had a net margin of 2.10% and a return on equity of 21.85%. The firm had revenue of $33.21 billion for the quarter, compared to analysts’ expectations of $32.79 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. Research analysts expect that Ford Motor will post 1.89 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 1st. Stockholders of record on Monday, January 31st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Friday, January 28th. Ford Motor’s dividend payout ratio is presently 57.14%.

Ford Motor Profile

Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following three segments: Automotive, Mobility, and Ford Credit. The Automotive segment engages in developing, manufacturing, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and autonomous vehicles business.

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

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