Cookson Peirce & Co. Inc. Purchases Shares of 66,769 Ford Motor Company $F

Cookson Peirce & Co. Inc. acquired a new stake in shares of Ford Motor Company (NYSE:F) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,769 shares of the auto manufacturer’s stock, valued at approximately $799,000.

Several other large investors also recently made changes to their positions in F. Caxton Associates LLP acquired a new position in Ford Motor during the 1st quarter worth approximately $304,000. Empowered Funds LLC increased its holdings in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after acquiring an additional 43,385 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of Ford Motor by 74.7% during the second quarter. MGO One Seven LLC now owns 91,275 shares of the auto manufacturer’s stock valued at $990,000 after acquiring an additional 39,041 shares in the last quarter. TD Asset Management Inc raised its position in shares of Ford Motor by 2.5% during the second quarter. TD Asset Management Inc now owns 1,734,334 shares of the auto manufacturer’s stock worth $18,818,000 after purchasing an additional 41,715 shares during the period. Finally, Sagespring Wealth Partners LLC lifted its holdings in shares of Ford Motor by 49.8% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 53,157 shares of the auto manufacturer’s stock worth $577,000 after purchasing an additional 17,666 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of F stock opened at $14.10 on Friday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a 50-day moving average of $13.62 and a 200-day moving average of $12.66. Ford Motor Company has a one year low of $8.44 and a one year high of $14.50. The company has a market cap of $56.16 billion, a P/E ratio of -6.84, a P/E/G ratio of 5.93 and a beta of 1.66.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. Equities research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio is currently -29.13%.

Wall Street Analyst Weigh In

A number of brokerages have commented on F. Barclays boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Wall Street Zen cut shares of Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. Morgan Stanley upped their target price on shares of Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, December 8th. Finally, TD Cowen raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.02.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.