LS Investment Advisors LLC decreased its position in shares of Ford Motor (NYSE:F) by 8.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 748,136 shares of the auto manufacturer’s stock after selling 69,445 shares during the quarter. LS Investment Advisors LLC’s holdings in Ford Motor were worth $9,344,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Balentine LLC lifted its stake in shares of Ford Motor by 4.0% during the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 365 shares in the last quarter. Winslow Evans & Crocker Inc. lifted its stake in shares of Ford Motor by 136.1% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 4,900 shares in the last quarter. Brighton Jones LLC lifted its stake in shares of Ford Motor by 40.3% during the 3rd quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock valued at $119,000 after buying an additional 5,518 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of Ford Motor during the 3rd quarter valued at $124,000. Finally, Colony Group LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at $125,000. Institutional investors own 54.10% of the company’s stock.
In other news, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares in the company, valued at $186,654. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 47,752 shares of company stock worth $603,965. Insiders own 1.08% of the company’s stock.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The company had revenue of $38.50 billion during the quarter, compared to the consensus estimate of $36.96 billion. During the same quarter in the prior year, the firm posted $0.30 earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. equities research analysts predict that Ford Motor will post 1.56 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.70%. Ford Motor’s dividend payout ratio (DPR) is presently 31.58%.
F has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Tuesday, December 26th. Morgan Stanley restated an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a report on Monday, October 16th. Piper Jaffray Companies set a $14.00 price target on shares of Ford Motor and gave the company a “buy” rating in a report on Monday, October 16th. Finally, Vetr upgraded shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $13.14 price target on the stock in a report on Friday, January 26th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Ford Motor currently has a consensus rating of “Hold” and an average price target of $12.54.
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Ford Motor Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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