Howard Capital Management Inc. Buys 5,692 Shares of Ford Motor Company $F

Howard Capital Management Inc. increased its stake in Ford Motor Company (NYSE:F) by 10.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,097 shares of the auto manufacturer’s stock after purchasing an additional 5,692 shares during the quarter. Howard Capital Management Inc.’s holdings in Ford Motor were worth $674,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in F. Aurora Private Wealth Inc. bought a new stake in shares of Ford Motor during the first quarter valued at about $106,000. Bessemer Group Inc. increased its holdings in Ford Motor by 25.3% during the 1st quarter. Bessemer Group Inc. now owns 46,871 shares of the auto manufacturer’s stock worth $471,000 after acquiring an additional 9,457 shares during the period. Sovran Advisors LLC lifted its stake in Ford Motor by 31.7% in the 1st quarter. Sovran Advisors LLC now owns 28,338 shares of the auto manufacturer’s stock worth $273,000 after purchasing an additional 6,825 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in Ford Motor in the 1st quarter worth approximately $189,000. Finally, Amalgamated Bank boosted its holdings in Ford Motor by 1.2% in the 1st quarter. Amalgamated Bank now owns 758,519 shares of the auto manufacturer’s stock valued at $7,608,000 after purchasing an additional 9,324 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Shares of NYSE F opened at $13.25 on Thursday. The stock’s 50-day moving average is $11.95 and its 200 day moving average is $11.16. The stock has a market cap of $52.71 billion, a price-to-earnings ratio of 11.42, a P/E/G ratio of 4.00 and a beta of 1.53. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $13.97. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20.

Ford Motor (NYSE:F) last issued its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.Ford Motor’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 earnings per share. On average, sell-side analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their price target for the stock from $9.00 to $12.00 in a report on Monday, October 6th. Barclays raised their price target on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. The Goldman Sachs Group upped their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Finally, UBS Group lifted their target price on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.73.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.