Sicart Associates LLC Buys New Stake in Ford Motor (F)

Sicart Associates LLC purchased a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,000 shares of the auto manufacturer’s stock, valued at approximately $500,000.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Ford Motor by 1.0% in the second quarter. Vanguard Group Inc. now owns 264,421,059 shares of the auto manufacturer’s stock worth $2,958,871,000 after purchasing an additional 2,491,009 shares during the last quarter. BlackRock Inc. raised its stake in shares of Ford Motor by 2.4% in the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after purchasing an additional 5,562,630 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Ford Motor by 5.7% in the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after purchasing an additional 4,706,379 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Ford Motor by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock worth $474,123,000 after purchasing an additional 410,123 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Ford Motor by 7.6% in the third quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock worth $428,730,000 after purchasing an additional 2,518,396 shares during the last quarter. Institutional investors and hedge funds own 53.60% of the company’s stock.

Ford Motor (NYSE:F) traded down $0.94 during trading on Wednesday, hitting $12.16. The stock had a trading volume of 94,870,000 shares, compared to its average volume of 32,970,000. Ford Motor has a 52-week low of $10.47 and a 52-week high of $13.48. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The company has a market capitalization of $48,320.00, a price-to-earnings ratio of 11.05, a P/E/G ratio of 0.81 and a beta of 1.26.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The firm had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same period last year, the company earned $0.26 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. research analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

In related news, insider Steven R. Armstrong sold 10,752 shares of Ford Motor stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Insiders have sold 47,752 shares of company stock valued at $603,965 in the last three months. 1.08% of the stock is owned by corporate insiders.

F has been the subject of several analyst reports. TheStreet raised Ford Motor from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Piper Jaffray Companies set a $14.00 price objective on Ford Motor and gave the stock a “buy” rating in a research note on Monday, October 16th. Vetr raised Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price objective for the company in a research note on Friday, October 13th. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. Finally, ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and an average target price of $12.66.

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Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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

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