Saxon Interests Inc. Makes New $178,000 Investment in Ford Motor (NYSE:F)

Saxon Interests Inc. bought a new stake in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,632 shares of the auto manufacturer’s stock, valued at approximately $178,000.

A number of other institutional investors have also recently made changes to their positions in F. RB Capital Management LLC increased its stake in shares of Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after acquiring an additional 3,477 shares during the period. Fairfield Bush & CO. bought a new stake in Ford Motor in the first quarter worth about $37,000. Synovus Financial Corp lifted its holdings in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after acquiring an additional 81,783 shares during the last quarter. Blair William & Co. IL boosted its position in shares of Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after purchasing an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of Ford Motor by 3.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after purchasing an additional 16,498 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Performance

F stock traded up $0.21 during midday trading on Thursday, hitting $13.28. The stock had a trading volume of 61,811,554 shares, compared to its average volume of 54,680,203. The firm has a market capitalization of $52.75 billion, a price-to-earnings ratio of 12.29, a P/E/G ratio of 0.99 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The stock has a 50-day simple moving average of $12.19 and a 200 day simple moving average of $11.70. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same quarter last year, the company earned $0.51 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s payout ratio is currently 55.56%.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

F has been the topic of a number of analyst reports. Redburn Atlantic started coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. BNP Paribas lowered shares of Ford Motor from an “outperform” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research note on Wednesday, December 13th. Morgan Stanley increased 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. HSBC started coverage on shares of Ford Motor in a research report on Monday, December 4th. They set a “hold” rating and a $11.30 price objective on the stock. Finally, UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.75.

About Ford Motor

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.