HUB Investment Partners LLC Grows Stake in Ford Motor (NYSE:F)

HUB Investment Partners LLC lifted its stake in Ford Motor (NYSE:F) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,905 shares of the auto manufacturer’s stock after purchasing an additional 3,004 shares during the quarter. HUB Investment Partners LLC’s holdings in Ford Motor were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

F has been the topic of several research reports. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Bank of America decreased their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Evercore ISI dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Piper Sandler cut their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target for the company. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.50.

Ford Motor Trading Up 0.3 %

NYSE:F opened at $10.05 on Friday. The firm has a 50 day moving average of $9.73 and a 200 day moving average of $10.30. 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 has a 52 week low of $9.06 and a 52 week high of $14.85. The stock has a market capitalization of $39.81 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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, sell-side analysts anticipate 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 dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor’s payout ratio is 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.