Xponance Inc. Buys 22,740 Shares of Ford Motor (NYSE:F)

Xponance Inc. boosted its position in Ford Motor (NYSE:F) by 4.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 517,785 shares of the auto manufacturer’s stock after buying an additional 22,740 shares during the period. Xponance Inc.’s holdings in Ford Motor were worth $6,312,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. lifted its position 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 bought a new position in shares of Ford Motor in the third quarter valued at approximately $27,000. Quarry LP purchased a new position in shares of Ford Motor during the second quarter valued at approximately $28,000. Peoples Bank KS bought a new stake in Ford Motor during the third quarter worth $29,000. Finally, Fairfield Bush & CO. bought a new stake in Ford Motor during the second quarter worth $29,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, 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 legal filing with the SEC, which is available at the SEC website. 0.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on F shares. Morgan Stanley lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 7th. UBS Group cut shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research report on Wednesday, January 17th. Piper Sandler began coverage on Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. Finally, Redburn Atlantic began coverage on Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $13.82.

Ford Motor Trading Up 0.7 %

Shares of Ford Motor stock opened at $12.15 on Friday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The stock has a market capitalization of $48.26 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.96 and a beta of 1.63. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The stock’s 50-day simple moving average is $12.59 and its 200 day simple moving average is $11.76.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same period last year, the company earned $0.51 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, research analysts anticipate that Ford Motor will post 1.89 EPS for the current year.

Ford Motor Announces Dividend

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

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.