Ford Motor (NYSE:F) Stake Lifted by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its stake in Ford Motor (NYSE:F) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,118 shares of the auto manufacturer’s stock after buying an additional 1,112 shares during the quarter. Proficio Capital Partners LLC’s holdings in Ford Motor were worth $120,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of F. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor during the 4th quarter valued at $29,000. Kentucky Trust Co acquired a new position in Ford Motor during the 4th quarter worth $31,000. Crewe Advisors LLC grew its stake in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on F. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Piper Sandler reduced their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. JPMorgan Chase & Co. dropped their target price on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has an average rating of “Hold” and a consensus target price of $11.37.

Ford Motor Trading Down 1.8 %

Shares of F opened at $9.73 on Friday. The business’s 50-day moving average price is $9.75 and its 200 day moving average price is $10.28. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $38.54 billion, a P/E ratio of 6.66, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

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.