Newbridge Financial Services Group Inc. Purchases New Position in Ford Motor (NYSE:F)

Newbridge Financial Services Group Inc. acquired a new position in shares of Ford Motor (NYSE:F) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 35,826 shares of the auto manufacturer’s stock, valued at approximately $355,000.

Several other hedge funds have also recently bought and sold shares of F. Franklin Resources Inc. increased its position in Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. grew its position in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new position in shares of Ford Motor during the third quarter worth approximately $55,456,000. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $10,853,000. Finally, ING Groep NV boosted its stake in shares of 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. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

F has been the topic of a number of recent research reports. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday. Three equities research analysts have 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 MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $12.04.

Ford Motor Stock Down 0.1 %

Shares of NYSE:F opened at $9.25 on Monday. Ford Motor has a 52-week low of $9.18 and a 52-week high of $14.85. The company has a market capitalization of $36.76 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.98 and a current ratio of 1.16. The company has a fifty day moving average of $10.06 and a 200-day moving average of $10.54.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities analysts predict that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.49%. Ford Motor’s dividend payout ratio is presently 41.10%.

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.