Naples Money Management LLC Acquires Shares of 4,734 Ford Motor (NYSE:F)

Naples Money Management LLC acquired a new stake in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,734 shares of the auto manufacturer’s stock, valued at approximately $58,000.

Several other hedge funds also recently bought and sold shares of F. Snider Financial Group grew its position in Ford Motor by 100,345.2% in the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after acquiring an additional 219,586,336 shares during the last quarter. Norges Bank bought a new position in shares of Ford Motor during the 4th quarter worth $419,237,000. Moneta Group Investment Advisors LLC grew its position in shares of Ford Motor by 81,406.2% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock worth $351,241,000 after buying an additional 30,164,236 shares in the last quarter. Holocene Advisors LP bought a new position in shares of Ford Motor during the 2nd quarter worth $53,665,000. Finally, Prudential Financial Inc. grew its position in shares of Ford Motor by 61.2% during the 1st quarter. Prudential Financial Inc. now owns 8,968,152 shares of the auto manufacturer’s stock worth $151,652,000 after buying an additional 3,404,530 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.7 %

Ford Motor stock traded up $0.08 during midday trading on Friday, reaching $12.15. The company’s stock had a trading volume of 39,593,102 shares, compared to its average volume of 53,065,160. The stock’s 50-day simple moving average is $12.60 and its 200-day simple moving average is $11.76. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The stock has a market capitalization of $48.26 billion, a P/E ratio of 11.21, a PEG ratio of 0.95 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same period last year, the business posted $0.51 earnings per share. The firm’s revenue was up 3.5% compared to the same quarter last year. On average, sell-side analysts expect that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on F. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research report on Wednesday, January 17th. Citigroup increased their price target on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. Redburn Atlantic initiated coverage on Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. Finally, Morgan Stanley upped their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $13.82.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Ford Motor 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.