Ford Motor (NYSE:F) Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC grew its position in Ford Motor (NYSE:F) by 10.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,118 shares of the auto manufacturer’s stock after purchasing an additional 1,112 shares during the quarter. Proficio Capital Partners LLC’s holdings in Ford Motor were worth $120,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Albion Financial Group UT increased its stake in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. Brighton Jones LLC grew its holdings in Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC increased its position in shares of Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after buying an additional 1,024 shares in the last quarter. Atlas Brown Inc. raised its stake in shares of Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after buying an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC boosted its position in shares of Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on F shares. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. TD Cowen assumed coverage on Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 target price for the company. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Evercore ISI lowered their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Finally, Wells Fargo & Company cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor Price Performance

Shares of NYSE F opened at $9.73 on Friday. The business has a 50 day moving average price of $9.75 and a two-hundred day moving average price of $10.28. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The firm has a market cap of $38.54 billion, a PE ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. Sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

About Ford Motor

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.