Brookstone Capital Management Increases Stake in Ford Motor Company $F

Brookstone Capital Management grew its holdings in shares of Ford Motor Company (NYSE:F) by 13.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,149,193 shares of the auto manufacturer’s stock after purchasing an additional 134,314 shares during the quarter. Brookstone Capital Management’s holdings in Ford Motor were worth $13,262,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of F. Vanguard Group Inc. lifted its stake in shares of Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after buying an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after acquiring an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC raised its holdings in Ford Motor by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after acquiring an additional 1,255,349 shares during the last quarter. Norges Bank acquired a new stake in Ford Motor in the 4th quarter valued at about $674,437,000. Finally, Dimensional Fund Advisors LP lifted its stake in Ford Motor by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 45,857,344 shares of the auto manufacturer’s stock worth $601,687,000 after purchasing an additional 125,534 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $14.06 on Tuesday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a market capitalization of $56.04 billion, a price-to-earnings ratio of -9.07, a PEG ratio of 0.31 and a beta of 1.79. The company’s 50-day moving average is $13.75 and its two-hundred day moving average is $13.34. Ford Motor Company has a 1-year low of $10.42 and a 1-year high of $17.78.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 EPS. Analysts forecast that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Citigroup boosted their target price on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. The Goldman Sachs Group boosted their price objective on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $14.63.

Ford Motor 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.