Ascent Group LLC Increases Position in Ford Motor Company $F

Ascent Group LLC grew its position in Ford Motor Company (NYSE:F) by 22.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 358,511 shares of the auto manufacturer’s stock after purchasing an additional 66,194 shares during the quarter. Ascent Group LLC’s holdings in Ford Motor were worth $4,704,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of F. CRA Financial Services LLC boosted its position in shares of Ford Motor by 4.4% during the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock worth $240,000 after acquiring an additional 775 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised 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 worth $65,000 after acquiring an additional 776 shares in the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of Ford Motor by 7.2% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock worth $153,000 after acquiring an additional 784 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in Ford Motor by 1.3% during the third quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer’s stock worth $767,000 after purchasing an additional 824 shares during the last quarter. Finally, Silverlake Wealth Management LLC boosted its holdings in Ford Motor by 1.7% in the third quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer’s stock valued at $575,000 after purchasing an additional 827 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of NYSE F opened at $11.59 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $14.80. The stock has a 50 day moving average of $12.91 and a two-hundred day moving average of $12.92. The stock has a market cap of $46.22 billion, a P/E ratio of -5.62, a P/E/G ratio of 0.27 and a beta of 1.70.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. During the same period last year, the firm posted $0.39 earnings per share. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. On average, research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.2%. Ford Motor’s payout ratio is currently -29.13%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. UBS Group upped their target price on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Bank of America started coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 price target on the stock. Finally, Wells Fargo & Company reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Tuesday, March 31st. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $13.22.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The stock was acquired at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.48% of the company’s stock.

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.