Wedbush Securities Inc. lessened its stake in shares of Ford Motor (NYSE:F) by 14.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,610 shares of the auto manufacturer’s stock after selling 20,625 shares during the quarter. Wedbush Securities Inc.’s holdings in Ford Motor were worth $1,531,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winslow Evans & Crocker Inc. boosted its holdings in Ford Motor by 136.1% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 4,900 shares in the last quarter. Brighton Jones LLC boosted its holdings in Ford Motor by 40.3% during the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after buying an additional 5,518 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Ford Motor during the third quarter worth approximately $124,000. Cedar Capital LLC bought a new stake in Ford Motor during the fourth quarter worth approximately $126,000. Finally, Personal Capital Advisors Corp bought a new stake in Ford Motor during the fourth quarter worth approximately $128,000. Institutional investors and hedge funds own 54.94% of the company’s stock.
A number of analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Tuesday, January 9th. Royal Bank of Canada restated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Cascend Securities cut shares of Ford Motor to a “buy” rating in a report on Tuesday, December 5th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $12.54.
Ford Motor (F) opened at $10.61 on Monday. Ford Motor has a 52 week low of $10.19 and a 52 week high of $13.48. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. The company has a market cap of $42,157.25, a P/E ratio of 5.58, a P/E/G ratio of 0.64 and a beta of 1.13.
Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The company had revenue of $38.50 billion during the quarter, compared to analysts’ expectations of $36.96 billion. During the same quarter in the previous year, the company earned $0.30 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. analysts forecast that Ford Motor will post 1.54 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be given 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 yield of 5.66%. Ford Motor’s payout ratio is 31.58%.
In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were 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 owns 14,358 shares in the company, valued at approximately $186,654. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John C. Lechleiter bought 5,000 shares of the business’s stock in a transaction on Friday, February 9th. The stock was bought at an average price of $10.28 per share, with a total value of $51,400.00. Following the transaction, the director now owns 30,000 shares in the company, valued at $308,400. The disclosure for this purchase can be found here. In the last quarter, insiders sold 47,752 shares of company stock valued at $603,965. Insiders own 1.08% of the company’s stock.
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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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