Breakwater Capital Group Invests $662,000 in Ford Motor Company $F

Breakwater Capital Group purchased a new position in Ford Motor Company (NYSE:F) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 55,374 shares of the auto manufacturer’s stock, valued at approximately $662,000.

Other hedge funds have also recently bought and sold shares of the company. Capital Investment Advisors LLC boosted its stake in shares of Ford Motor by 1.3% during the 3rd quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer’s stock valued at $767,000 after buying an additional 824 shares during the last quarter. Silverlake Wealth Management LLC increased its stake in shares of Ford Motor by 1.7% in the third quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer’s stock worth $575,000 after buying an additional 827 shares during the last quarter. Searle & CO. raised its holdings in Ford Motor by 2.1% in the third quarter. Searle & CO. now owns 40,833 shares of the auto manufacturer’s stock valued at $488,000 after acquiring an additional 833 shares in the last quarter. Perigon Wealth Management LLC boosted its stake in Ford Motor by 2.4% during the 3rd quarter. Perigon Wealth Management LLC now owns 35,686 shares of the auto manufacturer’s stock valued at $427,000 after acquiring an additional 851 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its holdings in Ford Motor by 10.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 9,095 shares of the auto manufacturer’s stock worth $109,000 after acquiring an additional 861 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 1.4%

Shares of NYSE F opened at $13.60 on Tuesday. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.50. The company has a market cap of $54.19 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 5.83 and a beta of 1.66. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock’s 50 day simple moving average is $13.56 and its 200 day simple moving average is $12.60.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.4%. Ford Motor’s payout ratio is 51.72%.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent analyst reports. TD Cowen upped their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Morgan Stanley boosted their price objective on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. UBS Group lifted their target price on Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, December 27th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.02.

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.