Mirabella Financial Services LLP Increases Stock Position in Ford Motor Company $F

Mirabella Financial Services LLP boosted its holdings in Ford Motor Company (NYSE:F) by 250.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 165,592 shares of the auto manufacturer’s stock after purchasing an additional 118,345 shares during the quarter. Mirabella Financial Services LLP’s holdings in Ford Motor were worth $1,977,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Investment Research Partners LLC acquired a new stake in shares of Ford Motor during the third quarter worth about $566,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Ford Motor during the third quarter worth about $32,000. CIBC Private Wealth Group LLC increased its position in Ford Motor by 30.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 72,644 shares of the auto manufacturer’s stock valued at $869,000 after acquiring an additional 17,121 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in Ford Motor during the 3rd quarter valued at approximately $6,449,000. Finally, Achmea Investment Management B.V. raised its stake in Ford Motor by 37.5% during the 3rd quarter. Achmea Investment Management B.V. now owns 2,255,745 shares of the auto manufacturer’s stock valued at $26,979,000 after acquiring an additional 615,762 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of several analyst reports. UBS Group lifted their target price on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. HSBC lifted their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Evercore boosted their price objective on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research note on Monday, December 22nd. Finally, Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday, February 14th. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.29.

Ford Motor Stock Down 1.2%

F opened at $11.65 on Friday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.80. The stock has a market capitalization of $46.46 billion, a P/E ratio of -5.65, a P/E/G ratio of 0.27 and a beta of 1.65. The business has a 50 day simple moving average of $13.39 and a 200-day simple moving average of $12.92.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm had revenue of $45.89 billion during the quarter, compared to analysts’ expectations of $41.78 billion. During the same quarter in the prior year, the business posted $0.39 earnings per share. Ford Motor’s revenue was down 4.8% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors 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 annualized dividend and a dividend yield of 5.2%. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

Insider Buying and Selling

In related news, insider William Clay Ford, Jr. acquired 140,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price 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 in the company, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

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.