Fisher Asset Management LLC Purchases Stake in Ford Motor Company (NYSE:F)

Financial Planners


Fisher Asset Management LLC increased its stake in Ford Motor Company (NYSE: F – Get Rating) by 6.0% in the fourth quarter, according to the latest Form 13F filed with the Securities and Exchange Commission. The fund owned his 47,659,333 shares of automaker stock after which he acquired an additional 2,689,124 shares during the period. Fisher Asset Management LLC owned his 1.19% stake in Ford Motor Company worth $554,278,000 at the end of the most recent reporting period.

Many other hedge funds have also changed their stakes in businesses. Ignite Planners LLC increased his Ford Motor stock position by 22.2% in the fourth quarter. Ignite Planners LLC now owns 64,825 shares of the automaker’s stock valued at $820,000 after acquiring an additional 11,791 shares during the previous quarter. Kades & Cheifetz LLC purchased a new Ford Motor position in the fourth quarter for $297,000. Securian Asset Management Inc. increased its position at Ford Motor Company by 0.9% in the fourth quarter. Securian Asset Management Inc. now owns 324,703 shares of automaker stock worth $3,776,000 after he purchased an additional 2,842 shares during the previous quarter. Larson Financial Group LLC expanded its position in Ford Motor by 58.2% in the fourth quarter. Larson Financial Group LLC now owns 18,239 shares of automaker stock worth $212,000 after purchasing an additional 6,710 shares during the previous quarter. Finally, Sepio Capital LP increased its position in Ford Motor Company by 29.6% in the fourth quarter. Sepio Capital LP now owns 17,278 shares of automaker stock worth $201,000 after purchasing an additional 3,948 shares during the previous quarter. 49.68% of the shares are currently owned by hedge funds and other institutional investors.

insider bet

In other Ford Motor news, insider Ashwani Kumar Galhotra sold 24,850 shares in the company in a transaction that took place on Friday, March 3. The shares sold at an average price of $13.01, giving him a total of $323,298.50. Following the closing of the transaction, the insider now owns his 511,605 shares in the company, valued at approximately $6,655,981.05. The transaction is disclosed in documents filed with the SEC and can be accessed via this hyperlink. In other Ford Motor news, CFO John T. Lawler sold 29,821 shares in the company in a transaction that took place on Friday, March 3. The shares sold at an average price of $13.07, giving him a total of $389,760.47. Following the transaction, the Chief Financial Officer now directly owns 443,683 shares of the Company’s stock valued at approximately $5,798,936.81. The sale was disclosed in filings with the SEC that can be accessed through the SEC’s website. Also, his insider, Ashwani Kumar Galhotra, sold 24,850 shares in the company in a transaction that took place on Friday, March 3rd. The shares were sold at an average price of $13.01 for a total of $323,298.50. Following the closing of the transaction, the insider now directly owns his 511,605 shares of the company, valued at his $6,655,981.05. Please see here for the disclosure of this sale. The insider said that in the past 90 days he has sold 134,592 shares of company stock worth $1,740,843. His 0.80% of the shares are owned by insiders.

Wall Street analyst opinion

Several research analysts have been eyeing F shares recently. JPMorgan Chase & Co. lowered its price target on Ford Motor Co. to $15.00 from $16.00 and set the company’s rating to ‘overweight’ in its research notes on Wednesday, Jan. 25. Benchmark lowered its price target on Ford Motor stock from his $21.00 to his $19.00 in a research note on Friday, Feb. 3, setting a “buy” rating for the company. StockNews.com began covering Ford Motor Company stock in a research note on Thursday, March 16. They issued a “pending” rating to the company. Tudor Pickering downgraded Ford Motor Co.’s stock from ‘buy’ to ‘hold’ in a research note on Wednesday, February 15. Finally, Barclays began covering Ford Motor in his Tuesday, February 14 report. They issued an “equal-weighted” rating and a target price for the company of $13.00. Three equity research analysts gave the stock a sell rating, eight assigned a hold rating, and five gave the company a buy rating. According to MarketBeat.com data, the company’s current consensus valuation is “Hold” and the consensus target price is $15.22.

Ford Motor’s trading fell 0.4 percent

NYSE:F shares fell $0.05 during Friday’s trading to reach $11.82. 24,970,138 shares of stock were exchanged, but the average turnover was 66,315,680 shares for him. The company has a debt to equity ratio of 2.06, a quick ratio of 1.06 and a current ratio of 1.20. Ford Motor’s 12-month low is $10.61 and 12-month high is $16.68. The company has a market capitalization of $47.12 billion, a price/earnings ratio of -23.27, a price/earnings ratio of 1.59 and a beta of 1.54. The company has a 50-day moving average price of $12.31 and a 200-day moving average price of $12.66.

Ford Motor Company (NYSE:F – Get Rating) last reported earnings on Thursday, Feb. The automaker reported his earnings per share (EPS) of $0.51 for the quarter. This misses the analyst consensus forecast of $0.60 ($0.09). Ford Motor’s return on equity was 17.45% and net profit margin was 1.25%. The company posted revenue of $41.8 billion for the quarter, compared with analyst estimates of $40.73 billion. During the same quarter last year, the company posted EPS of his $0.26. The company’s revenue for the quarter increased 18.4% compared to the same quarter last year. On average, sell-side analysts expect Ford Motor to post earnings of 1.5 per share this fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend payable on Thursday, June 15th. Dividends of $0.15 will be issued to shareholders of record on Wednesday, April 26. This represents his $0.60 dividend and his 5.08% yield on an annual basis. The ex-dividend date is Tuesday, April 25. Ford Motor’s payout ratio is currently -117.65%.

About Ford Motor

(get rating)

Ford Motor Co manufactures, distributes and sells automobiles. It operates in the Ford Blue, Ford Model E, Ford Pro, Ford Next and Ford Credit segments. The Ford Blue, Ford Model E, and Ford Pro segments include sales of Ford and Lincoln vehicles, service parts and accessories, and expenses related to the development, manufacturing, distribution and service of vehicles, parts and accessories. It is included.

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Want to see other hedge funds holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Ford Motor Company (NYSE:F – Get Rating).

Ford Motor Company (NYSE:F) Quarterly Agency Ownership

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

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