Norris Perne & French LLP MI Acquires 4,204 Shares of Ford Motor (NYSE:F)

Norris Perne & French LLP MI lifted its holdings in shares of Ford Motor (NYSE:FFree Report) by 6.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 67,543 shares of the auto manufacturer’s stock after purchasing an additional 4,204 shares during the period. Norris Perne & French LLP MI’s holdings in Ford Motor were worth $823,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Bank Hapoalim BM bought a new stake in shares of Ford Motor during the fourth quarter worth $149,000. Bellecapital International Ltd. boosted its holdings in Ford Motor by 8.1% in the fourth quarter. Bellecapital International Ltd. now owns 195,495 shares of the auto manufacturer’s stock valued at $2,383,000 after acquiring an additional 14,669 shares during the last quarter. Congress Park Capital LLC boosted its holdings in Ford Motor by 18.0% in the fourth quarter. Congress Park Capital LLC now owns 19,758 shares of the auto manufacturer’s stock valued at $241,000 after acquiring an additional 3,008 shares during the last quarter. Wells Trecaso Financial Group LLC bought a new position in Ford Motor in the fourth quarter valued at about $165,000. Finally, PFG Advisors boosted its holdings in Ford Motor by 11.5% in the fourth quarter. PFG Advisors now owns 27,410 shares of the auto manufacturer’s stock valued at $334,000 after acquiring an additional 2,818 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Morgan Stanley raised their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Barclays raised their target price on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. HSBC assumed coverage on Ford Motor in a report on Monday, December 4th. They set a “hold” rating and a $11.30 target price on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 7th. Finally, Citigroup raised their target price on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. One 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.75.

Get Our Latest Stock Report on F

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Ford Motor Stock Down 1.4 %

NYSE:F opened at $13.10 on Tuesday. The firm has a market capitalization of $52.05 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 1.06 and a beta of 1.63. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The stock’s 50 day moving average price is $12.28 and its two-hundred day moving average price is $11.70. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:FGet Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. The firm had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.51 EPS. Equities research analysts expect that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Ford Motor Company Profile

(Free Report)

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.

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

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