Next Level Private LLC Purchases 18,550 Shares of Ford Motor (NYSE:F)

Next Level Private LLC lifted its position in Ford Motor (NYSE:F) by 16.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 134,787 shares of the auto manufacturer’s stock after acquiring an additional 18,550 shares during the period. Ford Motor accounts for about 0.9% of Next Level Private LLC’s investment portfolio, making the stock its 29th largest holding. Next Level Private LLC’s holdings in Ford Motor were worth $1,643,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. raised its position in shares of Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC bought a new position in Ford Motor during the 3rd quarter valued at approximately $27,000. Quarry LP bought a new position in Ford Motor during the 2nd quarter valued at approximately $28,000. Peoples Bank KS bought a new position in Ford Motor during the 3rd quarter valued at approximately $29,000. Finally, Fairfield Bush & CO. bought a new position in Ford Motor during the 2nd quarter valued at approximately $29,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $13.02 on Thursday. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The stock’s fifty day moving average is $12.16 and its 200 day moving average is $11.69. The stock has a market cap of $51.74 billion, a P/E ratio of 12.10, a P/E/G ratio of 0.99 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. During the same period last year, the firm earned $0.51 EPS. Ford Motor’s revenue for the quarter was up 3.5% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Barclays raised their price objective on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. HSBC assumed coverage on Ford Motor in a research report on Monday, December 4th. They set a “hold” rating and a $11.30 price objective for the company. Citigroup raised their price objective on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Redburn Atlantic started coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $13.75.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.80% of the company’s stock.

Ford Motor Company 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.