HUB Investment Partners LLC Raises Stock Position in Ford Motor (NYSE:F)

HUB Investment Partners LLC boosted its position in Ford Motor (NYSE:F) by 12.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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).

Several other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor during the third quarter worth approximately $55,456,000. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after acquiring an additional 4,881,105 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after acquiring an additional 1,336,676 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of F opened at $10.05 on Friday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a 50-day simple moving average of $9.73 and a two-hundred day simple moving average of $10.30. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a market capitalization of $39.81 billion, a PE ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. On average, analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analyst Ratings Changes

F has been the topic of a number of analyst reports. Wells Fargo & Company decreased their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. TD Cowen initiated 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. JPMorgan Chase & Co. reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Royal Bank of Canada lowered their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Finally, Piper Sandler dropped their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $11.50.

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.