Brookstone Capital Management lessened its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,014,879 shares of the auto manufacturer’s stock after selling 88,018 shares during the period. Brookstone Capital Management’s holdings in Ford Motor were worth $13,315,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in F. Corsicana & Co. bought a new position in Ford Motor during the third quarter valued at approximately $25,000. Grove Bank & Trust grew its holdings in Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares in the last quarter. Olistico Wealth LLC bought a new stake in Ford Motor in the 4th quarter worth approximately $26,000. Capital A Wealth Management LLC increased its stake in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares during the last quarter. Finally, Johnson Financial Group Inc. raised its holdings in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Ford Motor Price Performance
Shares of Ford Motor stock opened at $11.52 on Wednesday. The stock has a market cap of $45.94 billion, a price-to-earnings ratio of -5.59, a price-to-earnings-growth ratio of 0.26 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The stock has a 50 day moving average price of $13.03 and a 200-day moving average price of $12.93. Ford Motor Company has a one year low of $8.44 and a one year high of $14.80.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Ford Motor’s dividend payout ratio is currently -29.13%.
Insider Activity
In other news, insider William Clay Ford, Jr. bought 140,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider 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 document filed with the SEC, which is available at this hyperlink. Company insiders own 0.48% of the company’s stock.
Wall Street Analysts Forecast Growth
F has been the subject of a number of recent research reports. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley upped their price target on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, December 8th. Bank of America started coverage on shares of Ford Motor in a research report on Wednesday, March 4th. They set a “buy” rating and a $17.00 price objective for the company. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. Finally, UBS Group boosted 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 investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $13.22.
Check Out Our Latest 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.
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