Syntal Capital Partners LLC Has $413,000 Position in Ford Motor (F)
Syntal Capital Partners LLC increased its stake in shares of Ford Motor (NYSE:F) by 30.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,143 shares of the auto manufacturer’s stock after buying an additional 7,794 shares during the quarter. Syntal Capital Partners LLC’s holdings in Ford Motor were worth $413,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of F. Greenhaven Associates Inc. acquired a new stake in Ford Motor during the fourth quarter worth approximately $164,194,000. Alyeska Investment Group L.P. acquired a new stake in Ford Motor during the third quarter worth approximately $76,726,000. BlackRock Inc. grew its position in Ford Motor by 2.4% during the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after buying an additional 5,562,630 shares in the last quarter. Franklin Resources Inc. grew its position in Ford Motor by 5.7% during the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after buying an additional 4,706,379 shares in the last quarter. Finally, Capital Research Global Investors grew its position in Ford Motor by 18.3% during the second quarter. Capital Research Global Investors now owns 23,655,000 shares of the auto manufacturer’s stock worth $264,699,000 after buying an additional 3,655,000 shares in the last quarter. 53.60% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have weighed in on F. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Tuesday, January 9th. Royal Bank of Canada restated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a research note on Wednesday, December 20th. Cascend Securities cut Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Morgan Stanley restated an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $12.66.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The company had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same period in the prior year, the company earned $0.26 EPS. Ford Motor’s revenue was up .9% compared to the same quarter last year. sell-side analysts predict that Ford Motor will post 1.78 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date of this dividend is Monday, January 29th. Ford Motor’s payout ratio is 54.55%.
In related news, insider Hau N. Thai-Tang sold 19,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Hau N. Thai-Tang sold 18,000 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the transaction, the insider now directly owns 14,358 shares of the company’s stock, valued at $186,654. The disclosure for this sale can be found here. Insiders sold a total of 47,752 shares of company stock valued at $603,965 over the last quarter. 1.08% of the stock is owned by corporate insiders.
Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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