MFG Wealth Management Inc. Invests $2.18 Million in Ford Motor Company $F

MFG Wealth Management Inc. bought a new position in Ford Motor Company (NYSE:F) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 166,077 shares of the auto manufacturer’s stock, valued at approximately $2,179,000. Ford Motor comprises 1.7% of MFG Wealth Management Inc.’s portfolio, making the stock its 27th largest holding.

Several other large investors have also added to or reduced their stakes in F. Swiss National Bank raised its stake in shares of Ford Motor by 7.4% in the second quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock worth $128,279,000 after purchasing an additional 813,800 shares during the last quarter. Caprock Group LLC purchased a new position in shares of Ford Motor during the third quarter valued at approximately $893,000. Versor Investments LP bought a new stake in Ford Motor during the third quarter worth $2,187,000. Quantbot Technologies LP grew its holdings in Ford Motor by 91.6% during the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock worth $2,148,000 after buying an additional 85,848 shares in the last quarter. Finally, National Pension Service raised its position in Ford Motor by 6.7% in the 3rd quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after buying an additional 510,426 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling at Ford Motor

In related news, insider William Clay Ford, Jr. purchased 140,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was bought at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the purchase, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

F has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. JPMorgan Chase & Co. increased their target price on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. TD Cowen raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Evercore raised their price target on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, December 22nd. Finally, Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday, February 14th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.29.

Ford Motor Trading Down 1.2%

NYSE F opened at $11.51 on Friday. The stock has a market capitalization of $45.90 billion, a price-to-earnings ratio of -5.58, a PEG ratio of 0.27 and a beta of 1.65. Ford Motor Company has a one year low of $8.44 and a one year high of $14.80. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The business’s fifty day moving average is $13.34 and its 200-day moving average is $12.92.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. During the same quarter in the prior year, the business earned $0.39 earnings per share. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. Equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

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

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.