Ford Motor (NYSE:F) Shares Purchased by Azimuth Capital Investment Management LLC

Azimuth Capital Investment Management LLC increased its stake in Ford Motor (NYSE:FFree Report) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,356 shares of the auto manufacturer’s stock after purchasing an additional 1,300 shares during the period. Azimuth Capital Investment Management LLC’s holdings in Ford Motor were worth $2,016,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after purchasing an additional 44,581 shares during the period. Pearl River Capital LLC lifted its stake in Ford Motor by 174.2% during the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock valued at $4,125,000 after acquiring an additional 211,037 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Ford Motor by 616.0% in the 3rd quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer’s stock valued at $3,738,000 after acquiring an additional 258,920 shares during the last quarter. Public Sector Pension Investment Board increased its stake in shares of Ford Motor by 11.9% in the third quarter. Public Sector Pension Investment Board now owns 421,118 shares of the auto manufacturer’s stock worth $5,230,000 after acquiring an additional 44,805 shares during the period. Finally, CVA Family Office LLC purchased a new position in shares of Ford Motor during the fourth quarter worth $56,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the sale, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. Citigroup boosted their target price on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. UBS Group raised their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Morgan Stanley increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Finally, Royal Bank of Canada raised their target price on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $13.89.

Check Out Our Latest Analysis on F

Ford Motor Trading Up 0.7 %

Shares of Ford Motor stock traded up $0.08 during trading hours on Friday, hitting $12.15. The company’s stock had a trading volume of 31,933,996 shares, compared to its average volume of 41,006,952. The stock has a market cap of $48.51 billion, a price-to-earnings ratio of 12.51, a P/E/G ratio of 0.79 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The firm has a fifty day moving average of $12.45 and a 200-day moving average of $12.07.

Ford Motor (NYSE:FGet Free Report) last released its quarterly 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 net margin of 2.21% and a return on equity of 17.63%. The business had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same period in the previous year, the firm earned $0.63 EPS. The business’s revenue was up 3.1% on a year-over-year basis. Research analysts forecast that Ford Motor will post 1.99 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were given a $0.15 dividend. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.94%. Ford Motor’s dividend payout ratio is presently 61.86%.

Ford Motor Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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