Ford Motor Company $F Shares Bought by Mirabella Financial Services LLP

Mirabella Financial Services LLP grew its position in Ford Motor Company (NYSE:F) by 250.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 165,592 shares of the auto manufacturer’s stock after purchasing an additional 118,345 shares during the period. Mirabella Financial Services LLP’s holdings in Ford Motor were worth $1,977,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in F. Caxton Associates LLP acquired a new stake in Ford Motor in the 1st quarter valued at about $304,000. Empowered Funds LLC raised its position in Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after acquiring an additional 43,385 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Ford Motor by 1.0% in the second quarter. Avantax Advisory Services Inc. now owns 284,694 shares of the auto manufacturer’s stock valued at $3,089,000 after purchasing an additional 2,793 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in shares of Ford Motor by 40.0% in the second quarter. Citizens Financial Group Inc. RI now owns 21,259 shares of the auto manufacturer’s stock valued at $231,000 after purchasing an additional 6,072 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its position in shares of Ford Motor by 4.1% in the second quarter. Kingsview Wealth Management LLC now owns 118,669 shares of the auto manufacturer’s stock valued at $1,288,000 after purchasing an additional 4,707 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This trade represents a 3.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on F. HSBC raised their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. TD Cowen increased their target price on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $11.00 to $16.00 in a research report on Thursday, January 8th. Barclays boosted their price target on Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Finally, Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.29.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $11.65 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $14.80. The stock has a market capitalization of $46.46 billion, a P/E ratio of -5.65, a PEG ratio of 0.27 and a beta of 1.65. The business’s fifty day moving average price is $13.39 and its 200 day moving average price is $12.92.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the prior year, the company earned $0.39 EPS. The company’s revenue was down 4.8% on a year-over-year basis. As a group, research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Ford Motor’s payout ratio is -29.13%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.