Wright Investors Service Inc. Has $383,000 Stock Holdings in Ford Motor (NYSE:F)

Wright Investors Service Inc. increased its holdings in shares of Ford Motor (NYSE:F) by 67.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,456 shares of the auto manufacturer’s stock after acquiring an additional 12,699 shares during the quarter. Wright Investors Service Inc.’s holdings in Ford Motor were worth $383,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. raised its holdings in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the 3rd quarter valued at approximately $27,000. Quarry LP acquired a new position in Ford Motor in the 2nd quarter valued at approximately $28,000. Peoples Bank KS bought a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $29,000. Finally, Fairfield Bush & CO. bought a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $12.07 on Friday. The stock has a 50-day moving average price of $12.60 and a two-hundred day moving average price of $11.76. The stock has a market cap of $47.94 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 0.95 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. Equities analysts forecast that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on F shares. Barclays upped their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Citigroup upped their price objective on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Morgan Stanley increased 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. Piper Sandler assumed coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $13.82.

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Ford Motor 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.