Ford Motor (NYSE:F) Stock Position Lessened by Founders Financial Alliance LLC

Founders Financial Alliance LLC decreased its position in Ford Motor (NYSE:F) by 8.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,935 shares of the auto manufacturer’s stock after selling 1,221 shares during the quarter. Founders Financial Alliance LLC’s holdings in Ford Motor were worth $158,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of F. Norges Bank purchased a new stake in shares of Ford Motor during the fourth quarter valued at $475,899,000. Newport Trust Company LLC lifted its stake in Ford Motor by 4.5% in the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after acquiring an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after acquiring an additional 3,522,965 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Ford Motor by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after acquiring an additional 2,657,650 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in Ford Motor by 1,084.8% in the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after acquiring an additional 2,469,344 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

F traded up $0.05 during midday trading on Friday, reaching $12.16. The company’s stock had a trading volume of 40,840,448 shares, compared to its average volume of 43,966,092. The stock has a market cap of $48.55 billion, a P/E ratio of 12.54, a PEG ratio of 0.80 and a beta of 1.61. The company has a fifty day simple moving average of $12.62 and a 200 day simple moving average of $11.96. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 EPS. Research analysts expect that Ford Motor will post 1.97 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s payout ratio is presently 61.86%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. Barclays increased their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Morgan Stanley upped their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price on the stock. Royal Bank of Canada increased their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Finally, Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday. They set an “outperform” rating and a $16.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.89.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor 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 sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the sale, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction 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 completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

About Ford Motor

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.