Ford Motor (NYSE:F) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. decreased its holdings in shares of Ford Motor (NYSE:F) by 73.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,245 shares of the auto manufacturer’s stock after selling 19,748 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Ford Motor were worth $88,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. lifted 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 worth $25,000 after buying an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the 3rd quarter worth $27,000. Quarry LP acquired a new position in Ford Motor in the 2nd quarter worth $28,000. Peoples Bank KS acquired a new position in Ford Motor in the 3rd quarter worth $29,000. Finally, Fairfield Bush & CO. acquired a new position in Ford Motor in the 2nd quarter worth $29,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. Morgan Stanley boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Barclays boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Redburn Atlantic initiated coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price for the company. Finally, Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. One equities 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. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $13.82.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of 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 legal filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by insiders.

Ford Motor Price Performance

Shares of NYSE:F opened at $12.09 on Wednesday. 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 has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The firm has a 50-day simple moving average of $12.63 and a 200 day simple moving average of $11.76. The company has a market cap of $48.04 billion, a PE ratio of 11.19, a P/E/G ratio of 1.00 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. Ford Motor’s quarterly revenue was up 3.5% on a year-over-year basis. On average, sell-side analysts anticipate that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

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

Ford Motor Company 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.