Calamos Advisors LLC trimmed its holdings in Ford Motor (NYSE:F) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,674,493 shares of the auto manufacturer’s stock after selling 12,327 shares during the period. Calamos Advisors LLC’s holdings in Ford Motor were worth $15,573,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Ford Motor by 1.3% in the second quarter. Vanguard Group Inc. now owns 301,331,027 shares of the auto manufacturer’s stock valued at $3,082,617,000 after purchasing an additional 3,946,570 shares during the last quarter. Newport Trust Co raised its holdings in shares of Ford Motor by 0.4% in the third quarter. Newport Trust Co now owns 185,425,924 shares of the auto manufacturer’s stock valued at $1,698,501,000 after purchasing an additional 694,186 shares during the last quarter. State Street Corp raised its holdings in shares of Ford Motor by 0.4% in the third quarter. State Street Corp now owns 178,569,474 shares of the auto manufacturer’s stock valued at $1,635,696,000 after purchasing an additional 768,893 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Ford Motor by 19.7% in the second quarter. Invesco Ltd. now owns 30,504,964 shares of the auto manufacturer’s stock valued at $312,066,000 after purchasing an additional 5,021,901 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its holdings in shares of Ford Motor by 6,936.1% in the second quarter. Nuveen Asset Management LLC now owns 25,628,550 shares of the auto manufacturer’s stock valued at $262,181,000 after purchasing an additional 25,264,307 shares during the last quarter. 53.50% of the stock is currently owned by hedge funds and other institutional investors.
NYSE F opened at $9.19 on Thursday. Ford Motor has a 52-week low of $8.16 and a 52-week high of $10.56. The company has a 50-day simple moving average of $9.23 and a 200 day simple moving average of $9.26. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.04 and a current ratio of 1.17. The company has a market capitalization of $36.83 billion, a PE ratio of 7.07, a price-to-earnings-growth ratio of 1.04 and a beta of 1.09.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. Ford Motor had a net margin of 1.01% and a return on equity of 15.53%. The business had revenue of $33.93 billion during the quarter, compared to the consensus estimate of $33.88 billion. During the same quarter last year, the company posted $0.29 earnings per share. The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. As a group, analysts forecast that Ford Motor will post 1.24 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, January 30th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 6.53%. Ford Motor’s dividend payout ratio (DPR) is presently 46.15%.
F has been the subject of several analyst reports. Deutsche Bank downgraded shares of Ford Motor from a “buy” rating to a “hold” rating and lowered their target price for the company from $12.00 to $11.00 in a report on Thursday, October 24th. ValuEngine downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a report on Monday, December 30th. TheStreet upgraded shares of Ford Motor from a “c” rating to a “b-” rating in a report on Tuesday, December 17th. Morgan Stanley reiterated a “buy” rating and issued a $12.00 target price on shares of Ford Motor in a report on Thursday, October 31st. Finally, Evercore ISI downgraded shares of Ford Motor from an “in-line” rating to an “underperform” rating in a report on Thursday, January 2nd. Four research analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $10.92.
In other Ford Motor news, CEO James P. Hackett sold 20,000 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $9.29, for a total transaction of $185,800.00. Following the completion of the transaction, the chief executive officer now owns 145,184 shares in the company, valued at $1,348,759.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John C. Lechleiter bought 25,000 shares of the business’s stock in a transaction on Friday, October 25th. The shares were acquired at an average price of $8.68 per share, with a total value of $217,000.00. Following the transaction, the director now directly owns 89,700 shares of the company’s stock, valued at $778,596. The disclosure for this purchase can be found here. Insiders have sold 60,000 shares of company stock valued at $543,200 in the last 90 days. 0.83% of the stock is currently owned by corporate insiders.
Ford Motor Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
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