NewSquare Capital LLC Has $6.97 Million Stock Holdings in Ford Motor (NYSE:F)

NewSquare Capital LLC increased its stake in Ford Motor (NYSE:F) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 579,701 shares of the auto manufacturer’s stock after purchasing an additional 23,133 shares during the quarter. NewSquare Capital LLC’s holdings in Ford Motor were worth $6,974,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. raised its holdings in Ford Motor by 835.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $27,000. Peoples Bank KS purchased a new position in shares of Ford Motor during the third quarter valued at approximately $29,000. Provence Wealth Management Group purchased a new stake in Ford Motor in the 3rd quarter valued at $31,000. Finally, Headinvest LLC bought a new position in Ford Motor during the 3rd quarter valued at $31,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of a number of research analyst reports. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Wednesday, January 17th. Citigroup increased their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Redburn Atlantic initiated coverage on Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $13.82.

Ford Motor Trading Up 0.5 %

Shares of Ford Motor stock traded up $0.06 on Tuesday, hitting $12.95. The stock had a trading volume of 62,725,910 shares, compared to its average volume of 53,616,461. The stock’s 50-day simple moving average is $12.59 and its two-hundred day simple moving average is $11.76. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The stock has a market cap of $51.44 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 0.96 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same quarter in the prior year, the company posted $0.51 EPS. Ford Motor’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, sell-side analysts predict that Ford Motor will post 1.89 EPS for the current year.

Ford Motor Dividend Announcement

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

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.40% of the stock is owned by corporate insiders.

Ford Motor 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.