National Bank of Canada FI Purchases 1,398,097 Shares of Ford Motor (NYSE:F)

National Bank of Canada FI raised its position in Ford Motor (NYSE:FGet Rating) by 188.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,139,956 shares of the auto manufacturer’s stock after purchasing an additional 1,398,097 shares during the period. National Bank of Canada FI owned 0.05% of Ford Motor worth $24,860,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Park Avenue Securities LLC lifted its holdings in shares of Ford Motor by 10.9% during the 4th quarter. Park Avenue Securities LLC now owns 75,223 shares of the auto manufacturer’s stock worth $875,000 after acquiring an additional 7,394 shares during the last quarter. RFP Financial Group LLC purchased a new position in Ford Motor in the fourth quarter worth $39,000. Occidental Asset Management LLC purchased a new position in Ford Motor in the fourth quarter worth $1,127,000. Terra Nova Asset Management LLC grew its position in Ford Motor by 95.0% in the fourth quarter. Terra Nova Asset Management LLC now owns 113,808 shares of the auto manufacturer’s stock worth $1,324,000 after acquiring an additional 55,433 shares in the last quarter. Finally, Xponance Inc. grew its position in Ford Motor by 18.4% in the fourth quarter. Xponance Inc. now owns 526,298 shares of the auto manufacturer’s stock worth $6,121,000 after acquiring an additional 81,811 shares in the last quarter. 49.68% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO John T. Lawler sold 29,821 shares of the firm’s stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $13.07, for a total value of $389,760.47. Following the sale, the chief financial officer now owns 443,683 shares in the company, valued at $5,798,936.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO James D. Farley, Jr. sold 79,921 shares of Ford Motor stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $12.86, for a total transaction of $1,027,784.06. Following the completion of the sale, the chief executive officer now owns 1,638,667 shares in the company, valued at approximately $21,073,257.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO John T. Lawler sold 29,821 shares of Ford Motor stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $13.07, for a total transaction of $389,760.47. Following the sale, the chief financial officer now owns 443,683 shares of the company’s stock, valued at approximately $5,798,936.81. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 134,592 shares of company stock worth $1,740,843. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

F has been the subject of several research reports. JPMorgan Chase & Co. cut their target price on shares of Ford Motor from $16.00 to $15.00 and set an “overweight” rating for the company in a research report on Wednesday, January 25th. Benchmark lowered their price target on shares of Ford Motor from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, February 3rd. StockNews.com started coverage on shares of Ford Motor in a research note on Thursday, March 16th. They issued a “hold” rating for the company. Tudor, Pickering, Holt & Co. downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, February 15th. Finally, Barclays started coverage on shares of Ford Motor in a research note on Tuesday, February 14th. They issued an “equal weight” rating and a $13.00 price target for the company. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.22.

Ford Motor Trading Up 2.5 %

NYSE:F opened at $12.60 on Monday. The company’s 50 day moving average price is $12.52 and its 200-day moving average price is $12.70. Ford Motor has a 52 week low of $10.61 and a 52 week high of $17.80. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 2.06. The stock has a market cap of $50.23 billion, a price-to-earnings ratio of -24.71, a PEG ratio of 1.58 and a beta of 1.53.

Ford Motor (NYSE:FGet Rating) last posted its quarterly earnings results on Thursday, February 2nd. The auto manufacturer reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.09). Ford Motor had a negative net margin of 1.25% and a positive return on equity of 17.45%. The firm had revenue of $41.80 billion for the quarter, compared to analysts’ expectations of $40.73 billion. During the same quarter in the previous year, the company earned $0.26 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.5 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Monday, February 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.76%. The ex-dividend date was Friday, February 10th. Ford Motor’s dividend payout ratio is currently -117.65%.

Ford Motor Profile

(Get Rating)

Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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