Ford Motor (NYSE:F) Holdings Decreased by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors decreased its holdings in shares of Ford Motor (NYSE:F) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 34,477 shares of the auto manufacturer’s stock after selling 1,778 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Ford Motor were worth $420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Kiley Juergens Wealth Management LLC boosted its position in Ford Motor by 3.5% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 31,709 shares of the auto manufacturer’s stock valued at $387,000 after purchasing an additional 1,077 shares during the last quarter. Tyche Wealth Partners LLC acquired a new stake in Ford Motor during the fourth quarter valued at $160,000. Avior Wealth Management LLC boosted its position in Ford Motor by 2.5% during the fourth quarter. Avior Wealth Management LLC now owns 42,692 shares of the auto manufacturer’s stock valued at $520,000 after purchasing an additional 1,035 shares during the last quarter. Desjardins Global Asset Management Inc. boosted its position in Ford Motor by 11.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 21,153 shares of the auto manufacturer’s stock valued at $258,000 after purchasing an additional 2,161 shares during the last quarter. Finally, Octavia Wealth Advisors LLC boosted its position in Ford Motor by 11.0% during the fourth quarter. Octavia Wealth Advisors LLC now owns 30,340 shares of the auto manufacturer’s stock valued at $370,000 after purchasing an additional 3,001 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is owned by company insiders.

Ford Motor Trading Down 0.5 %

Shares of F opened at $12.03 on Thursday. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a market capitalization of $47.80 billion, a price-to-earnings ratio of 11.14, a P/E/G ratio of 0.96 and a beta of 1.63. The stock’s 50-day moving average price is $12.61 and its 200 day moving average price is $11.76. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 EPS. As a group, research analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s payout ratio is currently 55.56%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on F shares. Piper Sandler started coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Morgan Stanley boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research report on Wednesday, January 17th. Barclays boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.82.

About Ford Motor

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.