Honkamp Krueger Financial Services Inc. lessened its stake in shares of Ford Motor (NYSE:F) by 18.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,731 shares of the auto manufacturer’s stock after selling 6,846 shares during the period. Honkamp Krueger Financial Services Inc.’s holdings in Ford Motor were worth $384,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in F. Greenhaven Associates Inc. acquired a new position in Ford Motor during the fourth quarter valued at approximately $164,194,000. Alyeska Investment Group L.P. acquired a new stake in shares of Ford Motor in the third quarter worth $76,726,000. Bank of New York Mellon Corp grew its stake in shares of Ford Motor by 7.2% in the fourth quarter. Bank of New York Mellon Corp now owns 38,411,102 shares of the auto manufacturer’s stock worth $479,755,000 after acquiring an additional 2,594,016 shares during the last quarter. Polaris Greystone Financial Group LLC grew its stake in shares of Ford Motor by 17,446.5% in the third quarter. Polaris Greystone Financial Group LLC now owns 1,788,344 shares of the auto manufacturer’s stock worth $21,406,000 after acquiring an additional 1,778,152 shares during the last quarter. Finally, Pzena Investment Management LLC grew its stake in shares of Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after acquiring an additional 1,597,098 shares during the last quarter. Institutional investors own 54.94% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. ValuEngine downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Nomura lowered their price objective on shares of Ford Motor to $11.00 and set a “neutral” rating on the stock in a research note on Thursday, February 1st. Zacks Investment Research upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th. Jefferies Group raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Monday, October 30th. Finally, Goldman Sachs Group restated a “hold” rating on shares of Ford Motor in a research note on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.54.
In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of Ford Motor stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the transaction, the insider now directly owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Hau N. Thai-Tang sold 18,000 shares of Ford Motor stock in a transaction 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 transaction, the insider now directly owns 14,358 shares of the company’s stock, valued at $186,654. The disclosure for this sale can be found here. Insiders have sold 47,752 shares of company stock worth $603,965 in the last quarter. Corporate insiders own 1.08% of the company’s stock.
Shares of Ford Motor (F) opened at $10.61 on Tuesday. 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 quick ratio of 1.12 and a current ratio of 1.23. The firm has a market cap of $42,160.00, a price-to-earnings ratio of 5.58, a price-to-earnings-growth ratio of 0.64 and a beta of 1.14.
Ford Motor (NYSE:F) last posted its quarterly 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 return on equity of 21.71% and a net margin of 4.85%. The business had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. equities analysts forecast that Ford Motor will post 1.54 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be paid a dividend of $0.15 per share. 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 dividend payout ratio is currently 31.58%.
TRADEMARK VIOLATION WARNING: This piece was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://ledgergazette.com/2018/02/20/honkamp-krueger-financial-services-inc-has-384000-holdings-in-ford-motor-f.html.
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.
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.