Ford Motor (NYSE:F) Shares Sold by Field & Main Bank

Field & Main Bank lowered its holdings in Ford Motor (NYSE:F) by 19.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,850 shares of the auto manufacturer’s stock after selling 1,700 shares during the period. Field & Main Bank’s holdings in Ford Motor were worth $84,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. boosted its position in Ford Motor by 151.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 4,496,403 shares of the auto manufacturer’s stock valued at $55,845,000 after purchasing an additional 2,707,038 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Ford Motor by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after acquiring an additional 2,657,650 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Ford Motor by 1,084.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after buying an additional 2,469,344 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Ford Motor by 21.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after purchasing an additional 2,190,915 shares during the period. Finally, Quadrature Capital Ltd increased its position in shares of Ford Motor by 134.9% in the 3rd quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after buying an additional 2,085,031 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other 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 completion of the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.40% of the stock is owned by insiders.

Ford Motor Trading Down 3.4 %

F traded down $0.43 during midday trading on Tuesday, hitting $12.32. The company’s stock had a trading volume of 27,940,273 shares, compared to its average volume of 53,941,051. The firm has a market cap of $48.96 billion, a P/E ratio of 12.71, a PEG ratio of 0.86 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 company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The firm has a 50-day moving average price of $12.63 and a two-hundred day moving average price of $11.79.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. During the same period last year, the business posted $0.63 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. Morgan Stanley boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Piper Sandler started coverage on shares of Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target on the stock. Barclays boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Redburn Atlantic assumed coverage on shares of Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Company 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.