Brookstone Capital Management Lowers Position in Ford Motor Company $F

Brookstone Capital Management decreased its stake in shares of Ford Motor Company (NYSE:F) by 10.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,102,897 shares of the auto manufacturer’s stock after selling 129,883 shares during the period. Brookstone Capital Management’s holdings in Ford Motor were worth $13,191,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Advisors Capital Management LLC boosted its position in Ford Motor by 9.6% in the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 1,100 shares during the last quarter. Swiss National Bank raised its stake in shares of Ford Motor by 7.4% during the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock worth $128,279,000 after purchasing an additional 813,800 shares during the period. Teza Capital Management LLC purchased a new position in shares of Ford Motor in the 1st quarter worth about $465,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Ford Motor by 7.3% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,476,340 shares of the auto manufacturer’s stock valued at $81,118,000 after buying an additional 510,473 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in Ford Motor by 3.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,055,356 shares of the auto manufacturer’s stock worth $98,251,000 after buying an additional 279,470 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $13.34 on Friday. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $13.99. The stock has a market cap of $53.15 billion, a PE ratio of 11.50 and a beta of 1.60. The stock has a fifty day moving average of $13.11 and a 200-day moving average of $12.01.

Ford Motor (NYSE:F) last issued its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 EPS. Equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 51.72%.

Wall Street Analyst Weigh In

F has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday. Piper Sandler upped their price objective on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Wells Fargo & Company raised their target price on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Evercore ISI increased their price target on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday. Three 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 stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.18.

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.