Guggenheim Capital LLC Increases Stock Position in Ford Motor (NYSE:F)

Guggenheim Capital LLC lifted its position in shares of Ford Motor (NYSE:F) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 536,076 shares of the auto manufacturer’s stock after purchasing an additional 19,365 shares during the period. Guggenheim Capital LLC’s holdings in Ford Motor were worth $5,307,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $30,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor during the fourth quarter worth $31,000. Finally, Crewe Advisors LLC increased its stake in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Trading Up 2.4 %

NYSE F opened at $9.63 on Friday. The firm has a market capitalization of $38.16 billion, a price-to-earnings ratio of 6.59, a PEG ratio of 0.61 and a beta of 1.41. 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 one year low of $8.44 and a one year high of $14.85. The company’s 50 day moving average price is $9.59 and its 200 day moving average price is $10.14.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.23%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Analyst Ratings Changes

F has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Sanford C. Bernstein downgraded Ford Motor from a “market perform” rating to an “underperform” rating and reduced their target price for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, Barclays dropped their target price on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a report on Tuesday. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $10.30.

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.