Ford Motor (NYSE:F) Stake Boosted by First PREMIER Bank

First PREMIER Bank raised its holdings in shares of Ford Motor (NYSE:F) by 10.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,931 shares of the auto manufacturer’s stock after purchasing an additional 1,350 shares during the period. First PREMIER Bank’s holdings in Ford Motor were worth $185,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC increased its position in Ford Motor by 29.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after buying an additional 828 shares during the period. First United Bank & Trust lifted its position in Ford Motor by 5.4% in the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after purchasing an additional 850 shares during the last quarter. Lee Financial Co boosted its stake in Ford Motor by 3.6% during the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after purchasing an additional 854 shares during the period. Welch Group LLC grew its position in Ford Motor by 5.3% in the 1st quarter. Welch Group LLC now owns 17,754 shares of the auto manufacturer’s stock worth $236,000 after purchasing an additional 897 shares during the last quarter. Finally, Bigelow Investment Advisors LLC grew its position in Ford Motor by 4.9% in the 4th quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock worth $236,000 after purchasing an additional 908 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $12.23 on Tuesday. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The business’s fifty day moving average is $12.19 and its two-hundred day moving average is $12.21. The stock has a market capitalization of $48.83 billion, a P/E ratio of 12.61, a P/E/G ratio of 0.76 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 (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The business had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. Ford Motor’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 earnings per share. On average, research analysts forecast that Ford Motor will post 2.02 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Insiders Place Their Bets

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Royal Bank of Canada boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. Sanford C. Bernstein began coverage on Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target for the company. UBS Group raised their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Barclays upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, Citigroup raised 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. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.89.

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.