Investors Asset Management of Georgia Inc. GA ADV Has $1.33 Million Position in Ford Motor (NYSE:F)

Investors Asset Management of Georgia Inc. GA ADV cut its position in Ford Motor (NYSE:F) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,875 shares of the auto manufacturer’s stock after selling 2,636 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Ford Motor were worth $1,327,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in F. Whittier Trust Co. of Nevada Inc. increased its position in Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC acquired a new position in Ford Motor during the 3rd quarter worth approximately $27,000. Quarry LP acquired a new position in Ford Motor during the 2nd quarter worth approximately $28,000. Peoples Bank KS acquired a new position in Ford Motor in the 3rd quarter valued at approximately $29,000. Finally, Fairfield Bush & CO. acquired a new position in Ford Motor in the 2nd quarter valued at approximately $29,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.80% of the stock is currently owned by corporate insiders.

Ford Motor Stock Down 0.2 %

Shares of F stock traded down $0.03 on Thursday, hitting $12.01. The stock had a trading volume of 23,116,262 shares, compared to its average volume of 53,005,246. The business has a 50 day moving average of $12.61 and a 200 day moving average of $11.76. The stock has a market cap of $47.72 billion, a price-to-earnings ratio of 11.15, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion during 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 firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 earnings per share. As a group, analysts expect that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have issued reports on F shares. UBS Group cut shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research report on Wednesday, January 17th. Barclays upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Morgan Stanley upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Piper Sandler assumed coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average price target of $13.82.

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.