Parkside Financial Bank & Trust Has $109,000 Stake in Ford Motor (NYSE:F)

Parkside Financial Bank & Trust decreased its stake in Ford Motor (NYSE:F) by 19.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,928 shares of the auto manufacturer’s stock after selling 2,126 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Ford Motor were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Bigelow Investment Advisors LLC lifted its position in shares of Ford Motor by 4.9% during the 4th quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock valued at $236,000 after acquiring an additional 908 shares during the period. Sage Mountain Advisors LLC raised its holdings in shares of Ford Motor by 7.1% during the 3rd quarter. Sage Mountain Advisors LLC now owns 13,825 shares of the auto manufacturer’s stock worth $172,000 after buying an additional 919 shares in the last quarter. Strategic Investment Advisors MI raised its holdings in shares of Ford Motor by 1.7% during the 3rd quarter. Strategic Investment Advisors MI now owns 56,039 shares of the auto manufacturer’s stock worth $696,000 after buying an additional 921 shares in the last quarter. North Star Asset Management Inc. raised its holdings in shares of Ford Motor by 8.9% during the 4th quarter. North Star Asset Management Inc. now owns 11,838 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 971 shares in the last quarter. Finally, Birmingham Capital Management Co. Inc. AL raised its holdings in shares of Ford Motor by 8.5% during the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 12,700 shares of the auto manufacturer’s stock worth $158,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on F. Barclays boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Citigroup boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Royal Bank of Canada boosted their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday. 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 issued a “sell” rating and a $10.00 target price for the company. One equities research 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. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $14.02.

Ford Motor Trading Up 0.7 %

Shares of F stock opened at $13.04 on Friday. The stock has a market cap of $51.82 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 1.02 and a beta of 1.63. The stock has a 50-day moving average of $12.61 and a 200-day moving average of $11.79. 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 announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.56% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter in the prior year, the company earned $0.63 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.60%. Ford Motor’s payout ratio is 61.86%.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.80% of the stock is owned by corporate insiders.

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.