Geremia Financial Services LLC Takes Position in Ford Motor Company $F

Geremia Financial Services LLC acquired a new stake in shares of Ford Motor Company (NYSE:F) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 793,000 shares of the auto manufacturer’s stock, valued at approximately $10,404,000. Ford Motor makes up 8.6% of Geremia Financial Services LLC’s portfolio, making the stock its 4th biggest holding.

A number of other large investors also recently bought and sold shares of F. Caxton Associates LLP purchased a new stake in shares of Ford Motor during the 1st quarter worth $304,000. Empowered Funds LLC grew its stake in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after purchasing an additional 43,385 shares during the last quarter. Franklin Resources Inc. grew its stake in Ford Motor by 339.4% in the second quarter. Franklin Resources Inc. now owns 1,387,475 shares of the auto manufacturer’s stock valued at $15,054,000 after purchasing an additional 1,071,712 shares during the last quarter. Global Retirement Partners LLC bought a new position in Ford Motor in the second quarter worth about $645,000. Finally, Laurel Wealth Advisors LLC raised its holdings in Ford Motor by 945.2% in the second quarter. Laurel Wealth Advisors LLC now owns 33,928 shares of the auto manufacturer’s stock worth $368,000 after purchasing an additional 30,682 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the stock in a transaction on Thursday, February 19th. The stock was bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares in the company, valued at $54,072,132. The trade was a 3.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.48% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and raised their price target for the company from $11.00 to $16.00 in a report on Thursday, January 8th. UBS Group boosted their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Barclays increased their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. TD Cowen lifted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Finally, Wall Street Zen downgraded Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday, February 14th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $13.29.

Ford Motor Stock Performance

F opened at $11.59 on Friday. The company has a market cap of $46.22 billion, a P/E ratio of -5.62, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. The firm’s 50-day moving average price is $13.16 and its 200-day moving average price is $12.92. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $14.80.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the previous year, the firm earned $0.39 EPS. Ford Motor’s revenue was down 4.8% compared to the same quarter last year. As a group, equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio is presently -29.13%.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.