Fulcrum Asset Management LLP Makes New Investment in Ford Motor Company $F

Fulcrum Asset Management LLP acquired a new position in Ford Motor Company (NYSE:F) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 153,972 shares of the auto manufacturer’s stock, valued at approximately $2,159,000.

A number of other large investors have also recently made changes to their positions in the stock. MV Capital Management Inc. purchased a new stake in Ford Motor in the 4th quarter worth approximately $25,000. McMillan Office Inc. purchased a new position in Ford Motor during the fourth quarter valued at approximately $26,000. Legacy Wealth Managment LLC ID lifted its holdings in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares in the last quarter. Johnson Financial Group Inc. boosted its position in shares of Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the period. Finally, Caldwell Trust Co increased its stake in shares of Ford Motor by 605.8% in the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 2,175 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on F shares. BNP Paribas Exane increased their target price on Ford Motor from $14.00 to $14.50 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Barclays boosted their price target on Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Bank of America increased their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. TD Cowen lifted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Finally, DZ Bank raised Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a report on Friday, July 31st. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $15.68.

Ford Motor Stock Down 0.4%

Shares of NYSE:F opened at $13.89 on Friday. The company has a market cap of $55.39 billion, a price-to-earnings ratio of -7.43, a PEG ratio of 0.29 and a beta of 1.82. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The company has a 50-day moving average price of $14.09 and a 200 day moving average price of $13.52.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 earnings per share. As a group, equities research analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.3%. Ford Motor’s dividend payout ratio is -32.09%.

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.