Opinicus Capital Inc. Takes Position in Ford Motor (NYSE:F)

Opinicus Capital Inc. bought a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 87,078 shares of the auto manufacturer’s stock, valued at approximately $1,061,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valmark Advisers Inc. increased its position in shares of Ford Motor by 9.3% during the fourth quarter. Valmark Advisers Inc. now owns 13,744 shares of the auto manufacturer’s stock worth $168,000 after acquiring an additional 1,166 shares during the period. TAP Consulting LLC increased its position in shares of Ford Motor by 7.7% during the fourth quarter. TAP Consulting LLC now owns 30,985 shares of the auto manufacturer’s stock worth $378,000 after acquiring an additional 2,214 shares during the period. Syon Capital LLC increased its position in shares of Ford Motor by 12.6% during the fourth quarter. Syon Capital LLC now owns 23,452 shares of the auto manufacturer’s stock worth $286,000 after acquiring an additional 2,618 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Ford Motor by 6.8% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 94,382 shares of the auto manufacturer’s stock worth $1,151,000 after purchasing an additional 5,999 shares in the last quarter. Finally, BKA Wealth Consulting Inc. purchased a new position in Ford Motor in the fourth quarter valued at $124,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of several recent analyst reports. Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. Morgan Stanley upped their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. UBS Group upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday. Royal Bank of Canada upped their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Citigroup upped their price objective on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.02.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was 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 of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.80% of the stock is owned by insiders.

Ford Motor Trading Down 1.9 %

NYSE F traded down $0.25 during trading hours on Friday, hitting $12.79. 57,257,796 shares of the company’s stock were exchanged, compared to its average volume of 50,407,576. The firm has a market capitalization of $50.82 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 1.01 and a beta of 1.63. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.04 and a current ratio of 1.17. The business’s 50 day moving average is $12.62 and its 200-day moving average is $11.79. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business had revenue of $42.78 billion during the quarter, compared to analyst estimates of $42.93 billion. During the same quarter last year, the firm earned $0.63 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, analysts anticipate that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.69%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.