Hengehold Capital Management LLC Raises Stock Position in Ford Motor (NYSE:F)

Hengehold Capital Management LLC grew its holdings in shares of Ford Motor (NYSE:F) by 10.7% during the 1st quarter, HoldingsChannel reports. The firm owned 11,100 shares of the auto manufacturer’s stock after buying an additional 1,073 shares during the period. Hengehold Capital Management LLC’s holdings in Ford Motor were worth $147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Newport Trust Company LLC boosted its stake in Ford Motor by 4.5% during the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after acquiring an additional 269,887 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after acquiring an additional 3,522,965 shares during the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter valued at about $475,899,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 2.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after acquiring an additional 528,823 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred 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 completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Ford Motor Stock Up 1.0 %

Shares of F stock traded up $0.12 during trading hours on Thursday, reaching $12.23. 48,012,941 shares of the stock were exchanged, compared to its average volume of 51,089,191. The business’s fifty day moving average is $12.19 and its two-hundred day moving average is $12.22. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a market capitalization of $48.83 billion, a P/E ratio of 12.66, a P/E/G ratio of 0.78 and a beta of 1.61.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 earnings per share. As a group, research analysts expect that Ford Motor will post 2.02 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on F. Citigroup boosted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Sanford C. Bernstein began coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. UBS Group boosted 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. Royal Bank of Canada boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Finally, Piper Sandler assumed coverage on shares of Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $13.89.

Ford Motor Company 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.