Naples Global Advisors LLC Purchases New Position in Ford Motor Company $F

Naples Global Advisors LLC purchased a new stake in shares of Ford Motor Company (NYSE:F) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 57,271 shares of the auto manufacturer’s stock, valued at approximately $751,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Grove Bank & Trust increased its position in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares in the last quarter. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $26,000. Johnson Financial Group Inc. increased its position in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Ford Motor during the third quarter valued at approximately $32,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on F. JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Barclays raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. UBS Group dropped their target price on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $13.56.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were acquired 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 of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.63% of the stock is owned by corporate insiders.

Ford Motor Trading Down 2.2%

Shares of Ford Motor stock opened at $12.05 on Tuesday. The company’s fifty day simple moving average is $12.15 and its 200-day simple moving average is $13.00. The stock has a market capitalization of $48.00 billion, a PE ratio of -7.77, a P/E/G ratio of 0.28 and a beta of 1.65. Ford Motor Company has a 1-year low of $9.88 and a 1-year high of $14.80. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. As a group, equities analysts anticipate that Ford Motor Company will post 1.57 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -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.