Lincoln Capital Corp Purchases 10,150 Shares of Ford Motor (NYSE:F)

Lincoln Capital Corp increased its position in Ford Motor (NYSE:F) by 46.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,225 shares of the auto manufacturer’s stock after purchasing an additional 10,150 shares during the quarter. Lincoln Capital Corp’s holdings in Ford Motor were worth $393,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of F. Snider Financial Group raised its position in shares of Ford Motor by 100,345.2% in the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after purchasing an additional 219,586,336 shares during the period. Norges Bank bought a new position in Ford Motor in the 4th quarter valued at about $419,237,000. Moneta Group Investment Advisors LLC lifted its position in Ford Motor by 81,406.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock worth $351,241,000 after acquiring an additional 30,164,236 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Ford Motor by 133.1% during the second quarter. Renaissance Technologies LLC now owns 20,721,009 shares of the auto manufacturer’s stock worth $313,509,000 after acquiring an additional 11,832,600 shares during the period. Finally, Holocene Advisors LP acquired a new position in shares of Ford Motor in the second quarter valued at approximately $53,665,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent research reports. Citigroup raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Piper Sandler began coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. HSBC started coverage on Ford Motor in a report on Monday, December 4th. They issued a “hold” rating and a $11.30 price objective for the company. Finally, BNP Paribas lowered Ford Motor from an “outperform” rating to a “neutral” rating and set a $12.00 target price on the stock. in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.75.

Ford Motor Trading Up 5.1 %

Shares of NYSE F traded up $0.63 during trading on Wednesday, reaching $13.07. The company had a trading volume of 53,472,694 shares, compared to its average volume of 54,559,957. The stock has a market cap of $51.94 billion, a P/E ratio of 12.09, a PEG ratio of 1.03 and a beta of 1.63. The company’s fifty day moving average price is $12.16 and its 200-day moving average price is $11.69. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. During the same quarter in the previous year, the company earned $0.51 EPS. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.80% of the company’s stock.

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.