NorthRock Partners LLC Has $257,000 Stake in Ford Motor (NYSE:F)

NorthRock Partners LLC increased its holdings in shares of Ford Motor (NYSE:F) by 30.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,334 shares of the auto manufacturer’s stock after buying an additional 4,505 shares during the period. NorthRock Partners LLC’s holdings in Ford Motor were worth $257,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in F. Pinnacle Associates Ltd. boosted its holdings in shares of Ford Motor by 2.6% in the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after buying an additional 817 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in Ford Motor by 29.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after acquiring an additional 828 shares during the period. Legacy Wealth Asset Management LLC raised its holdings in Ford Motor by 1.7% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock valued at $650,000 after acquiring an additional 836 shares in the last quarter. First United Bank & Trust lifted its position in shares of Ford Motor by 5.4% during the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after acquiring an additional 850 shares during the period. Finally, Lee Financial Co grew its holdings in shares of Ford Motor by 3.6% during the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock worth $303,000 after purchasing an additional 854 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. UBS Group upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Royal Bank of Canada raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Barclays increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Citigroup increased their target price on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Finally, Sanford C. Bernstein assumed coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.10.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.80% of the stock is owned by company insiders.

Ford Motor Stock Performance

Shares of F traded up $0.20 during mid-day trading on Monday, reaching $14.23. The company had a trading volume of 65,607,340 shares, compared to its average volume of 51,011,848. Ford Motor has a 52-week low of $9.63 and a 52-week high of $14.63. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. The stock has a market capitalization of $56.81 billion, a P/E ratio of 14.67, a PEG ratio of 0.91 and a beta of 1.62. The stock has a 50 day moving average of $12.32 and a two-hundred day moving average of $12.32.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. The business had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. On average, analysts expect that Ford Motor will post 2.02 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.22%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.