Holos Integrated Wealth LLC bought a new position in Ford Motor Company (NYSE:F – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 50,790 shares of the auto manufacturer’s stock, valued at approximately $678,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its position in shares of Ford Motor by 16.5% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after purchasing an additional 776 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of Ford Motor by 1.3% in the third quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer’s stock valued at $767,000 after buying an additional 824 shares during the period. Silverlake Wealth Management LLC boosted its stake in Ford Motor by 1.7% during the third quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer’s stock valued at $575,000 after buying an additional 827 shares in the last quarter. L2 Asset Management LLC boosted its stake in Ford Motor by 4.7% during the third quarter. L2 Asset Management LLC now owns 18,317 shares of the auto manufacturer’s stock valued at $219,000 after buying an additional 827 shares in the last quarter. Finally, Searle & CO. grew its holdings in Ford Motor by 2.1% during the third quarter. Searle & CO. now owns 40,833 shares of the auto manufacturer’s stock worth $488,000 after acquiring an additional 833 shares during the period. 58.74% of the stock is owned by institutional investors.
Ford Motor Trading Down 1.2%
NYSE:F opened at $11.65 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.80. The firm has a market capitalization of $46.46 billion, a price-to-earnings ratio of -5.65, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. The stock has a fifty day simple moving average of $13.39 and a 200 day simple moving average of $12.92.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is -29.13%.
Insider Activity
In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
F has been the subject of a number of research analyst reports. Bank of America began coverage on shares of Ford Motor in a report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price target for the company. TD Cowen lifted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 11th. Finally, UBS Group raised their target price on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $13.29.
Check Out Our Latest Research Report on F
Ford Motor Profile
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.
Further Reading
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