Rockefeller Capital Management L.P. lifted its position in shares of Ford Motor Company (NYSE:F – Free Report) by 20.8% during the fourth quarter, HoldingsChannel reports. The firm owned 257,465 shares of the auto manufacturer’s stock after buying an additional 44,361 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Ford Motor were worth $3,378,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in F. World Investment Advisors lifted its holdings in Ford Motor by 222.5% during the fourth quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock worth $1,644,000 after acquiring an additional 86,445 shares in the last quarter. Winthrop Partners WNY LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $141,000. Nalls Sherbakoff Group LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $187,000. Corient Private Wealth LLC grew its position in shares of Ford Motor by 37.5% in the 4th quarter. Corient Private Wealth LLC now owns 626,492 shares of the auto manufacturer’s stock valued at $8,220,000 after purchasing an additional 170,824 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of Ford Motor by 6.8% in the 4th quarter. Hsbc Holdings PLC now owns 10,501,330 shares of the auto manufacturer’s stock valued at $137,937,000 after purchasing an additional 666,609 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.
Ford Motor Price Performance
Shares of F opened at $14.11 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor Company has a twelve month low of $10.68 and a twelve month high of $17.78. The stock has a market capitalization of $56.22 billion, a P/E ratio of -9.10, a P/E/G ratio of 0.31 and a beta of 1.79. The company has a 50 day moving average of $13.88 and a 200-day moving average of $13.36.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s payout ratio is presently -38.71%.
Wall Street Analysts Forecast Growth
F has been the topic of several research analyst reports. Citigroup raised their target price on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. UBS Group upped their price target on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a report on Monday, June 8th. Bank of America increased their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Morgan Stanley restated an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $14.70.
Check Out Our Latest Stock Analysis on F
Ford Motor Company Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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