19,835 Shares in Ford Motor (NYSE:F) Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new position in Ford Motor (NYSE:F) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 19,835 shares of the auto manufacturer’s stock, valued at approximately $242,000.

Several other large investors also recently modified their holdings of the business. Robeco Institutional Asset Management B.V. lifted its stake in Ford Motor by 151.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,496,403 shares of the auto manufacturer’s stock valued at $55,845,000 after purchasing an additional 2,707,038 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Ford Motor by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock valued at $1,085,406,000 after buying an additional 2,657,650 shares during the period. International Assets Investment Management LLC lifted its stake in Ford Motor by 1,084.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after purchasing an additional 2,469,344 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in Ford Motor by 21.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after acquiring an additional 2,190,915 shares during the last quarter. Finally, Quadrature Capital Ltd lifted its stake in Ford Motor by 134.9% in the 3rd quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after purchasing an additional 2,085,031 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 3.5 %

Shares of NYSE:F traded down $0.45 during trading hours on Tuesday, hitting $12.30. 17,765,113 shares of the company’s stock traded hands, compared to its average volume of 53,813,539. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The firm has a market capitalization of $48.88 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 0.86 and a beta of 1.63. The business has a fifty day moving average price of $12.63 and a 200-day moving average price of $11.79.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. During the same period last year, the company earned $0.63 earnings per share. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. Equities analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.88%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio is 61.86%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Morgan Stanley upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Royal Bank of Canada boosted their target price on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. UBS Group raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Barclays increased their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Finally, Redburn Atlantic started coverage on Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.02.

Insider Transactions at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.40% of the company’s stock.

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.