Brookstone Capital Management Has $12.26 Million Stock Holdings in Ford Motor (NYSE:F)

Brookstone Capital Management increased its position in shares of Ford Motor (NYSE:F) by 29.7% during the 4th quarter, HoldingsChannel reports. The fund owned 1,238,452 shares of the auto manufacturer’s stock after purchasing an additional 283,323 shares during the quarter. Brookstone Capital Management’s holdings in Ford Motor were worth $12,261,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in F. Franklin Resources Inc. lifted its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after buying an additional 336,720 shares during the period. Principal Financial Group Inc. lifted its stake in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC acquired a new position in Ford Motor in the third quarter valued at about $55,456,000. ING Groep NV lifted its stake in Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after buying an additional 570,293 shares during the period. Finally, OneAscent Financial Services LLC bought a new stake in shares of Ford Motor in the third quarter worth about $545,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on F shares. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Stock Up 0.6 %

F stock opened at $9.71 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business has a 50 day moving average price of $10.46 and a two-hundred day moving average price of $10.99. The company has a market cap of $38.59 billion, a price-to-earnings ratio of 11.03, a P/E/G ratio of 1.89 and a beta of 1.64. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.18%. Ford Motor’s payout ratio is 68.18%.

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.