Honkamp Krueger Financial Services Inc. cut its position in Ford Motor (NYSE:F) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 38,933 shares of the auto manufacturer’s stock after selling 1,565 shares during the period. Honkamp Krueger Financial Services Inc.’s holdings in Ford Motor were worth $362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of F. Penserra Capital Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $25,000. Asset Dedication LLC raised its stake in shares of Ford Motor by 80.2% during the 3rd quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 1,409 shares during the period. Strategic Blueprint LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $30,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Ford Motor during the 2nd quarter valued at $39,000. Finally, Larson Financial Group LLC raised its stake in shares of Ford Motor by 117.1% during the 3rd quarter. Larson Financial Group LLC now owns 4,125 shares of the auto manufacturer’s stock valued at $38,000 after purchasing an additional 2,225 shares during the period. Hedge funds and other institutional investors own 53.50% of the company’s stock.
In other Ford Motor news, Director John C. Lechleiter bought 25,000 shares of Ford Motor stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average cost of $8.68 per share, for a total transaction of $217,000.00. Following the completion of the transaction, the director now directly owns 89,700 shares in the company, valued at $778,596. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $9.29, for a total value of $185,800.00. Following the transaction, the chief executive officer now owns 145,184 shares of the company’s stock, valued at $1,348,759.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 60,000 shares of company stock valued at $543,200. 0.83% of the stock is owned by company insiders.
Ford Motor stock 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 business has a 50-day simple moving average of $9.23 and a 200 day simple moving average of $9.26. The company has a quick ratio of 1.04, a current ratio of 1.17 and a debt-to-equity ratio of 2.81. The stock has a market cap of $36.83 billion, a price-to-earnings ratio of 6.64, a PEG ratio of 1.04 and a beta of 1.09.
Ford Motor (NYSE:F) last posted its earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.08. Ford Motor had a return on equity of 15.53% and a net margin of 1.01%. The business had revenue of $33.93 billion during the quarter, compared to analysts’ expectations of $33.88 billion. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s revenue was down 2.1% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.24 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, January 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.53%. The ex-dividend date of this dividend is Wednesday, January 29th. Ford Motor’s payout ratio is 46.15%.
F has been the topic of a number of analyst reports. Credit Suisse Group reiterated an “outperform” rating on shares of Ford Motor in a research note on Tuesday, November 19th. Evercore ISI lowered Ford Motor from an “in-line” rating to an “underperform” rating in a research note on Thursday, January 2nd. Benchmark initiated coverage on Ford Motor in a research note on Thursday, January 9th. They set a “hold” rating on the stock. Buckingham Research decreased their price objective on Ford Motor from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 1st. Finally, Deutsche Bank lowered Ford Motor from a “buy” rating to a “hold” rating and decreased their price objective for the company from $12.00 to $11.00 in a research note on Thursday, October 24th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $10.92.
Ford Motor Company 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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