Palladium Partners LLC decreased its holdings in shares of Ford Motor (NYSE:F) by 6.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 73,462 shares of the auto manufacturer’s stock after selling 5,000 shares during the quarter. Palladium Partners LLC’s holdings in Ford Motor were worth $918,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFG Advisory LLC bought a new position in Ford Motor in the fourth quarter worth approximately $463,000. Winslow Evans & Crocker Inc. grew its stake in Ford Motor by 136.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 4,900 shares in the last quarter. Balentine LLC grew its stake in Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares in the last quarter. Cedar Capital LLC bought a new position in Ford Motor in the fourth quarter worth approximately $126,000. Finally, Personal Capital Advisors Corp bought a new position in Ford Motor in the fourth quarter worth approximately $128,000. 54.06% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts recently issued reports on the company. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 31st. Morgan Stanley reissued an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Nomura lowered their target price on Ford Motor to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 1st. Jefferies Group upped their target price on Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Finally, ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $12.54.
Shares of Ford Motor (NYSE:F) traded up $0.14 on Wednesday, hitting $10.73. The stock had a trading volume of 20,117,854 shares, compared to its average volume of 58,317,984. Ford Motor has a 12-month low of $10.19 and a 12-month high of $13.48. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.12 and a current ratio of 1.23. The stock has a market cap of $42,580.00, a price-to-earnings ratio of 5.65, a PEG ratio of 0.64 and a beta of 1.14.
Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The business had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. During the same quarter in the prior year, the company posted $0.30 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. research analysts forecast that Ford Motor will post 1.56 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Tuesday, January 30th will be paid a $0.15 dividend. The ex-dividend date is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.59%. Ford Motor’s dividend payout ratio (DPR) is 31.58%.
In other news, Director John C. Lechleiter bought 5,000 shares of Ford Motor stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average price of $10.28 per share, for a total transaction of $51,400.00. Following the purchase, the director now directly owns 30,000 shares of the company’s stock, valued at approximately $308,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Hau N. Thai-Tang sold 18,000 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the transaction, the insider now owns 14,358 shares of the company’s stock, valued at approximately $186,654. The disclosure for this sale can be found here. Insiders sold a total of 47,752 shares of company stock valued at $603,965 in the last 90 days. 1.08% of the stock is currently owned by company insiders.
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Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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