RMR Wealth Builders Buys New Position in Ford Motor (NYSE:F)

RMR Wealth Builders purchased a new position in Ford Motor (NYSE:F) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,431 shares of the auto manufacturer’s stock, valued at approximately $139,000.

Other large investors have also modified their holdings of the company. Newport Trust Company LLC grew its stake in Ford Motor by 4.5% during the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock worth $1,068,596,000 after buying an additional 269,887 shares during the period. Fisher Asset Management LLC raised its position in Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares during the last quarter. Norges Bank acquired a new stake in Ford Motor during the 4th quarter valued at approximately $475,899,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Ford Motor by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after acquiring an additional 528,823 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on F. UBS Group boosted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Barclays upped their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Royal Bank of Canada lifted their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. Citigroup upped their price objective on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Finally, Sanford C. Bernstein began coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $13.89.

Ford Motor Stock Up 1.0 %

F stock opened at $12.23 on Friday. The stock has a market capitalization of $48.83 billion, a P/E ratio of 12.61, a P/E/G ratio of 0.78 and a beta of 1.61. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42. The firm has a 50-day simple moving average of $12.19 and a 200-day simple moving average of $12.22. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. Equities analysts forecast that Ford Motor will post 2.02 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.91%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.