Sentry Investment Management LLC Reduces Position in Ford Motor (NYSE:F)

Sentry Investment Management LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 9.7% in the 4th quarter, Holdings Channel reports. The fund owned 20,643 shares of the auto manufacturer’s stock after selling 2,218 shares during the quarter. Sentry Investment Management LLC’s holdings in Ford Motor were worth $252,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of F. Whittier Trust Co. of Nevada Inc. boosted 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 purchasing an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $27,000. Quarry LP acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $28,000. Peoples Bank KS acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $29,000. Finally, Fairfield Bush & CO. acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on F. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. Redburn Atlantic started coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. 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 target price on the stock. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a report on Wednesday, January 17th. Finally, Barclays increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. 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 a consensus rating of “Hold” and an average price target of $13.82.

Ford Motor Trading Down 1.1 %

Shares of NYSE:F opened at $12.09 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The company’s 50 day moving average is $12.63 and its two-hundred day moving average is $11.76. The company has a market cap of $48.04 billion, a PE ratio of 11.19, a P/E/G ratio of 0.97 and a beta of 1.63. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42.

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

Ford Motor Announces Dividend

The business also recently announced a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given 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 dividend payout ratio (DPR) is 55.56%.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the 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 directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.40% of the company’s stock.

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.