Ford Motor (NYSE:F) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its position in shares of Ford Motor (NYSE:F) by 2.1% during the 4th quarter, HoldingsChannel reports. The fund owned 539,317 shares of the auto manufacturer’s stock after selling 11,742 shares during the quarter. Private Advisor Group LLC’s holdings in Ford Motor were worth $6,574,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its position in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the third quarter valued at about $27,000. Peoples Bank KS purchased a new stake in Ford Motor during the third quarter worth about $29,000. Provence Wealth Management Group purchased a new stake in Ford Motor during the third quarter worth about $31,000. Finally, Headinvest LLC purchased a new stake in Ford Motor during the third quarter worth about $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on F shares. Redburn Atlantic began coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. Morgan Stanley boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. UBS Group boosted their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. 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. Finally, Piper Sandler started 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. 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.74.

Ford Motor Trading Down 0.3 %

Shares of F stock traded down $0.04 during trading hours on Wednesday, hitting $12.13. 6,933,892 shares of the company were exchanged, compared to its average volume of 53,412,938. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The firm has a fifty day moving average of $12.65 and a 200 day moving average of $11.81. The firm has a market cap of $48.43 billion, a PE ratio of 12.54, a PEG ratio of 0.84 and a beta of 1.61. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32.

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, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.63 EPS. Analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The company 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.95%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

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.