Flynn Zito Capital Management LLC Grows Stake in Ford Motor (NYSE:F)

Flynn Zito Capital Management LLC lifted its holdings in shares of Ford Motor (NYSE:F) by 48.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,533 shares of the auto manufacturer’s stock after acquiring an additional 6,669 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in Ford Motor were worth $250,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of F. Meridian Wealth Management LLC boosted its stake in Ford Motor by 86.4% in the third quarter. Meridian Wealth Management LLC now owns 657,842 shares of the auto manufacturer’s stock valued at $8,170,000 after acquiring an additional 304,923 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after acquiring an additional 44,581 shares during the last quarter. Pearl River Capital LLC boosted its position in shares of Ford Motor by 174.2% during the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock valued at $4,125,000 after purchasing an additional 211,037 shares in the last quarter. TIAA Trust National Association acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $1,104,000. Finally, Mackenzie Financial Corp grew its position in Ford Motor by 110.5% in the third quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after buying an additional 367,977 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on F shares. Citigroup lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Morgan Stanley boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Redburn Atlantic initiated coverage on Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Barclays increased their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.82.

Insiders Place Their Bets

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.80% of the company’s stock.

Ford Motor Trading Up 0.2 %

Shares of NYSE:F traded up $0.02 during midday trading on Thursday, hitting $12.06. The company had a trading volume of 39,575,745 shares, compared to its average volume of 53,172,242. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The stock has a market cap of $47.92 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 0.96 and a beta of 1.63. The firm has a fifty day simple moving average of $12.61 and a 200 day simple moving average of $11.76.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. During the same period in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, analysts predict that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a dividend of $0.33 per share. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

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.