Ford Motor Company $F Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lowered its holdings in Ford Motor Company (NYSE:F) by 50.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,394 shares of the auto manufacturer’s stock after selling 62,394 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in Ford Motor were worth $746,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Caxton Associates LLP acquired a new stake in shares of Ford Motor during the 1st quarter worth about $304,000. Empowered Funds LLC raised its holdings in Ford Motor by 41.6% in the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after buying an additional 43,385 shares during the period. Creative Planning lifted its position in Ford Motor by 1.7% in the second quarter. Creative Planning now owns 1,056,326 shares of the auto manufacturer’s stock valued at $11,461,000 after buying an additional 17,466 shares during the last quarter. Thoroughbred Financial Services LLC boosted its stake in Ford Motor by 17.6% during the second quarter. Thoroughbred Financial Services LLC now owns 17,308 shares of the auto manufacturer’s stock worth $187,000 after buying an additional 2,586 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in Ford Motor by 1.0% during the second quarter. Avantax Advisory Services Inc. now owns 284,694 shares of the auto manufacturer’s stock worth $3,089,000 after buying an additional 2,793 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 1.4%

Shares of F opened at $11.78 on Thursday. The company’s 50-day simple moving average is $13.45 and its 200-day simple moving average is $12.93. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.80. The stock has a market capitalization of $46.99 billion, a PE ratio of -5.72, a P/E/G ratio of 0.28 and a beta of 1.65.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The firm had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. Analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. Ford Motor’s dividend payout ratio is currently -29.13%.

Analysts Set New Price Targets

F has been the topic of a number of research analyst reports. HSBC boosted their price target on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Bank of America began coverage on shares of Ford Motor in a report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 target price for the company. UBS Group boosted their target price on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Evercore upped their price target on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday, December 22nd. Finally, Morgan Stanley raised their price target on Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $13.29.

Insider Buying and Selling at Ford Motor

In related news, insider William Clay Ford, Jr. acquired 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The shares were acquired at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the purchase, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.