Lafayette Investments Inc. Has $158,000 Holdings in Ford Motor (NYSE:F)

Lafayette Investments Inc. lifted its stake in shares of Ford Motor (NYSE:F) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,950 shares of the auto manufacturer’s stock after buying an additional 1,000 shares during the period. Lafayette Investments Inc.’s holdings in Ford Motor were worth $158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Snider Financial Group boosted its position in Ford Motor by 100,345.2% during the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after acquiring an additional 219,586,336 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after purchasing an additional 2,657,650 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Ford Motor by 1.2% during the 1st quarter. Geode Capital Management LLC now owns 70,775,476 shares of the auto manufacturer’s stock worth $889,831,000 after purchasing an additional 863,591 shares in the last quarter. Northern Trust Corp boosted its position in shares of Ford Motor by 3.8% during the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock worth $473,312,000 after purchasing an additional 1,392,408 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Ford Motor in the 4th quarter worth about $419,237,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on F shares. Citigroup lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Royal Bank of Canada restated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. UBS Group lowered Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research report on Wednesday, January 17th. Piper Sandler started coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Finally, Redburn Atlantic started coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.82.

Ford Motor Stock Performance

NYSE:F traded up $0.06 during mid-day trading on Friday, hitting $12.12. 10,521,500 shares of the company traded hands, compared to its average volume of 52,667,371. The firm has a market cap of $48.16 billion, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of 0.95 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The stock’s fifty day moving average price is $12.60 and its 200-day moving average price is $11.76. Ford Motor has a one year low of $9.63 and a one year high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 earnings per share. Research analysts anticipate that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Insider Buying and Selling at Ford Motor

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

Ford Motor Company Profile

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.