Wealthspire Advisors LLC Boosts Stock Position in Ford Motor (NYSE:F)

Wealthspire Advisors LLC increased its position in Ford Motor (NYSE:F) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 188,429 shares of the auto manufacturer’s stock after acquiring an additional 43,316 shares during the quarter. Wealthspire Advisors LLC’s holdings in Ford Motor were worth $2,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in shares of Ford Motor by 6.3% during the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after purchasing an additional 3,522,965 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 3.1% during 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 during the last quarter. International Assets Investment Management LLC lifted its holdings in Ford Motor by 1,084.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock valued at $32,876,000 after buying an additional 2,469,344 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Ford Motor by 21.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock worth $153,421,000 after purchasing an additional 2,190,915 shares during the period. Finally, Quadrature Capital Ltd raised its position in Ford Motor by 134.9% during the 3rd quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after purchasing an additional 2,085,031 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated 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 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 is available through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

F has been the subject of a number of research reports. Barclays upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. UBS Group lifted their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Piper Sandler started coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. Redburn Atlantic started coverage on Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. Finally, Citigroup boosted their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One 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, Ford Motor has a consensus rating of “Hold” and a consensus target price of $13.74.

Ford Motor Stock Performance

Shares of F stock traded down $0.02 during mid-day trading on Thursday, reaching $12.13. The stock had a trading volume of 28,990,101 shares, compared to its average volume of 53,505,438. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42. The firm has a market cap of $48.43 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 0.84 and a beta of 1.61. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The business’s fifty day moving average is $12.65 and its 200-day moving average is $11.81.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.63 earnings per share. On average, research analysts forecast that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.95%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

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.