Bradley Foster & Sargent Inc. CT Invests $223,000 in Ford Motor (NYSE:F)

Bradley Foster & Sargent Inc. CT bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 22,502 shares of the auto manufacturer’s stock, valued at approximately $223,000.

Other institutional investors have also modified their holdings of the company. Franklin Resources Inc. increased its position in shares of 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. increased its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after acquiring an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor during the third quarter worth approximately $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Ford Motor during the fourth quarter worth approximately $10,853,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Ford Motor by 12.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock valued at $4,511,000 after purchasing an additional 49,844 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on F shares. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Down 1.1 %

NYSE F opened at $9.29 on Monday. The company has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $10.44. The stock has a market cap of $36.80 billion, a P/E ratio of 6.36, a P/E/G ratio of 0.61 and a beta of 1.63. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio is currently 41.10%.

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.