Sheaff Brock Investment Advisors LLC decreased its stake in Ford Motor (NYSE:F) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 391,245 shares of the auto manufacturer’s stock after selling 16,077 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Ford Motor were worth $4,887,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in the company. Sigma Planning Corp lifted its position in Ford Motor by 0.9% in the third quarter. Sigma Planning Corp now owns 504,873 shares of the auto manufacturer’s stock worth $6,043,000 after purchasing an additional 4,339 shares during the period. Smith Salley & Associates lifted its position in Ford Motor by 1.8% in the third quarter. Smith Salley & Associates now owns 245,768 shares of the auto manufacturer’s stock worth $2,942,000 after purchasing an additional 4,349 shares during the period. Signature Financial Management Inc. lifted its position in Ford Motor by 25.0% in the third quarter. Signature Financial Management Inc. now owns 21,970 shares of the auto manufacturer’s stock worth $263,000 after purchasing an additional 4,401 shares during the period. Coldstream Capital Management Inc. lifted its position in Ford Motor by 39.0% in the third quarter. Coldstream Capital Management Inc. now owns 16,960 shares of the auto manufacturer’s stock worth $203,000 after purchasing an additional 4,755 shares during the period. Finally, ARGI Investment Services LLC lifted its position in Ford Motor by 2.0% in the third quarter. ARGI Investment Services LLC now owns 241,153 shares of the auto manufacturer’s stock worth $2,886,000 after purchasing an additional 4,765 shares during the period. Institutional investors and hedge funds own 54.94% of the company’s stock.
Shares of Ford Motor (NYSE F) opened at $10.59 on Thursday. Ford Motor has a 12 month low of $10.19 and a 12 month high of $13.48. The firm has a market capitalization of $42,236.72, a price-to-earnings ratio of 5.59, a PEG ratio of 0.65 and a beta of 1.14. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing the Zacks’ 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 during the quarter, compared to analyst estimates of $36.96 billion. During the same quarter last year, the business posted $0.30 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. sell-side analysts predict that Ford Motor will post 1.54 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.67%. Ford Motor’s dividend payout ratio (DPR) is presently 31.58%.
Several research analysts recently commented on the company. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Tuesday, January 9th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, December 20th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Cascend Securities cut Ford Motor to a “buy” rating in a research report on Tuesday, December 5th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $12.54.
In other news, 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 sale, the insider now directly owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 47,752 shares of company stock valued at $603,965. 1.08% of the stock is currently owned by corporate insiders.
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Ford Motor Company 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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