Corient Private Wealth LLC Purchases 170,824 Shares of Ford Motor Company $F

Corient Private Wealth LLC boosted its holdings in Ford Motor Company (NYSE:F) by 37.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 626,492 shares of the auto manufacturer’s stock after purchasing an additional 170,824 shares during the quarter. Corient Private Wealth LLC’s holdings in Ford Motor were worth $8,220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Grove Bank & Trust lifted its stake in shares of Ford Motor by 110.7% in the fourth 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. MV Capital Management Inc. bought a new stake in shares of Ford Motor during the fourth quarter worth about $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the 4th quarter worth about $26,000. McMillan Office Inc. acquired a new stake in shares of Ford Motor in the 4th quarter worth about $26,000. Finally, Johnson Financial Group Inc. boosted its stake in 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 purchasing an additional 837 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the company. UBS Group boosted their price objective on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Bank of America increased their price target on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.63.

Ford Motor Price Performance

Ford Motor stock opened at $13.85 on Thursday. Ford Motor Company has a 52 week low of $10.42 and a 52 week high of $17.78. The company’s 50 day moving average price is $13.82 and its two-hundred day moving average price is $13.35. The stock has a market cap of $55.17 billion, a P/E ratio of -8.93, a P/E/G ratio of 0.31 and a beta of 1.79. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.14 earnings per share. On average, equities analysts predict that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

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.