Plancorp LLC Purchases 3,061 Shares of Ford Motor (NYSE:F)

Plancorp LLC increased its position in Ford Motor (NYSE:F) by 22.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,680 shares of the auto manufacturer’s stock after purchasing an additional 3,061 shares during the quarter. Plancorp LLC’s holdings in Ford Motor were worth $165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 5.3% during 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 buying an additional 6,497,321 shares during the period. Geode Capital Management LLC lifted its holdings in Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after buying an additional 1,336,676 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after buying an additional 636,330 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings 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 worth $126,477,000 after buying an additional 6,348,185 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in Ford Motor by 1.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 8,799,541 shares of the auto manufacturer’s stock worth $87,115,000 after buying an additional 113,363 shares during the period. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on F. Piper Sandler decreased their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. 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. JPMorgan Chase & Co. decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three investment 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. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.50.

Ford Motor Price Performance

Shares of F opened at $10.05 on Friday. The business’s 50-day moving average is $9.73 and its two-hundred day moving average is $10.30. The company has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. Research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.97%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Ford Motor Company 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.