Mutual Advisors LLC Increases Position in Ford Motor (NYSE:F)

Mutual Advisors LLC grew its holdings in Ford Motor (NYSE:FFree Report) by 9.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 74,097 shares of the auto manufacturer’s stock after buying an additional 6,418 shares during the period. Mutual Advisors LLC’s holdings in Ford Motor were worth $903,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of F. Whittier Trust Co. of Nevada Inc. boosted its holdings in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC purchased a new stake in shares of Ford Motor in the third quarter valued at approximately $27,000. Quarry LP acquired a new position in Ford Motor during the second quarter worth $28,000. Peoples Bank KS purchased a new position in Ford Motor in the third quarter worth $29,000. Finally, Fairfield Bush & CO. purchased a new stake in shares of Ford Motor during the 2nd quarter worth $29,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 3.6 %

Shares of NYSE F opened at $12.44 on Wednesday. The firm has a market cap of $49.43 billion, a P/E ratio of 11.52, a price-to-earnings-growth ratio of 1.03 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The firm’s 50 day moving average price is $12.14 and its 200 day moving average price is $11.69.

Ford Motor (NYSE:FGet Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.17. The business had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 earnings per share. As a group, sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on F. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a report on Wednesday, January 17th. HSBC started coverage on Ford Motor in a report on Monday, December 4th. They issued a “hold” rating and a $11.30 price target on the stock. Morgan Stanley lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Citigroup raised their price target on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Finally, Piper Sandler began coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.75.

Read Our Latest Stock Analysis on Ford Motor

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is owned by corporate insiders.

About Ford Motor

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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.