Birmingham Capital Management Co. Inc. AL Increases Stake in Ford Motor (NYSE:F)

Birmingham Capital Management Co. Inc. AL increased its stake in Ford Motor (NYSE:F) by 21.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,200 shares of the auto manufacturer’s stock after purchasing an additional 2,500 shares during the quarter. Birmingham Capital Management Co. Inc. AL’s holdings in Ford Motor were worth $150,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. grew its stake in shares of Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of Ford Motor by 79.4% in the 3rd quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock valued at $3,199,000 after acquiring an additional 134,042 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Ford Motor in the 3rd quarter valued at about $192,000. World Investment Advisors LLC grew its position in Ford Motor by 31.8% in the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock worth $350,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Sculati Wealth Management LLC increased its stake in Ford Motor by 4.7% during the third quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock worth $399,000 after acquiring an additional 1,709 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.5 %

Ford Motor stock traded down $0.05 during mid-day trading on Friday, reaching $10.34. 7,294,130 shares of the company were exchanged, compared to its average volume of 53,662,547. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The business has a fifty day moving average of $10.85 and a 200 day moving average of $11.33. The firm has a market cap of $41.09 billion, a P/E ratio of 11.82, a PEG ratio of 1.90 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 earnings per share. Research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.80%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on F shares. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Barclays reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $12.08.

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.