Naples Global Advisors LLC Buys New Shares in Ford Motor Company $F

Naples Global Advisors LLC bought a new stake in shares of Ford Motor Company (NYSE:F) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 57,271 shares of the auto manufacturer’s stock, valued at approximately $751,000.

Other large investors also recently modified their holdings of the company. Grove Bank & Trust lifted its stake in shares of 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 purchased a new position in shares of Ford Motor during the 4th quarter valued at $26,000. Johnson Financial Group Inc. lifted its stake 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 valued at $28,000 after buying an additional 837 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. purchased a new position in shares of Ford Motor during the 4th quarter valued at $29,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of Ford Motor during the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on F shares. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “buy” rating in a research note on Saturday, May 2nd. 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 target price on the stock. UBS Group lowered their target price on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Barclays lifted their target price 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. Finally, Wells Fargo & Company decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.56.

Insider Buying and Selling 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 shares were purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. This represents a 3.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.63% of the stock is currently owned by company insiders.

Ford Motor Price Performance

Ford Motor stock opened at $12.05 on Tuesday. Ford Motor Company has a 52-week low of $9.88 and a 52-week high of $14.80. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The firm’s fifty day moving average is $12.15 and its 200 day moving average is $13.00. The company has a market cap of $48.00 billion, a price-to-earnings ratio of -7.77, a PEG ratio of 0.28 and a beta of 1.65.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same period in the previous year, the firm posted $0.14 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. Sell-side analysts forecast that Ford Motor Company will post 1.57 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. Ford Motor’s payout ratio is -38.71%.

Ford Motor Company 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.