Ford Motor (NYSE:F) Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. lifted its holdings in shares of Ford Motor (NYSE:F) by 37.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,414 shares of the auto manufacturer’s stock after buying an additional 10,095 shares during the period. Bessemer Group Inc.’s holdings in Ford Motor were worth $370,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor during the 4th quarter valued at $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter worth $31,000. Finally, Crewe Advisors LLC boosted its stake in Ford Motor by 169.9% during the fourth 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 in the last quarter. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of several research reports. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Barclays cut 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 research note on Tuesday. UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, April 10th. The Goldman Sachs Group reiterated a “neutral” rating and set a $9.00 price objective (down previously from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Finally, TD Cowen initiated coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Five research 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.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.30.

Ford Motor Stock Down 2.6 %

F stock opened at $9.46 on Wednesday. The company has a 50 day moving average of $9.58 and a two-hundred day moving average of $10.15. The company has a market cap of $37.47 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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, equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.35%. Ford Motor’s payout ratio is 41.10%.

About Ford Motor

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.