Proficio Capital Partners LLC Increases Stake in Ford Motor (NYSE:F)

Proficio Capital Partners LLC boosted its stake in Ford Motor (NYSE:F) by 990.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,967 shares of the auto manufacturer’s stock after purchasing an additional 108,961 shares during the period. Proficio Capital Partners LLC’s holdings in Ford Motor were worth $1,188,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of F. Catalina Capital Group LLC increased its stake in Ford Motor by 33.9% in the 3rd quarter. Catalina Capital Group LLC now owns 19,212 shares of the auto manufacturer’s stock worth $203,000 after purchasing an additional 4,865 shares during the period. Principal Financial Group Inc. grew its position in shares of Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after buying an additional 160,409 shares during the last quarter. Olympiad Research LP grew its position in shares of Ford Motor by 20.5% in the 3rd quarter. Olympiad Research LP now owns 36,880 shares of the auto manufacturer’s stock worth $389,000 after buying an additional 6,285 shares during the last quarter. Kornitzer Capital Management Inc. KS grew its position in shares of Ford Motor by 0.8% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 246,146 shares of the auto manufacturer’s stock worth $2,599,000 after buying an additional 1,900 shares during the last quarter. Finally, Keynote Financial Services LLC grew its position in shares of Ford Motor by 4.1% in the 3rd quarter. Keynote Financial Services LLC now owns 65,505 shares of the auto manufacturer’s stock worth $692,000 after buying an additional 2,579 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 3.1 %

Ford Motor stock opened at $9.91 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The business’s fifty day simple moving average is $9.72 and its two-hundred day simple moving average is $10.38. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The company has a market capitalization of $39.26 billion, a price-to-earnings ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. As a group, equities analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

F has been the topic of a number of recent analyst reports. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. TD Cowen started coverage on Ford Motor in a research report on Friday. They set a “hold” rating and a $10.00 price target on the stock. Finally, Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.77.

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.