Creative Financial Designs Inc. ADV lowered its stake in Ford Motor (NYSE:F) by 30.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 6,570 shares of the auto manufacturer’s stock after selling 2,925 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Ford Motor were worth $62,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Regal Wealth Group Inc. boosted its holdings in shares of Ford Motor by 31.9% in the 3rd quarter. Regal Wealth Group Inc. now owns 4,668 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 1,130 shares during the period. Wealthcare Advisory Partners LLC raised its position in Ford Motor by 3.3% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 36,902 shares of the auto manufacturer’s stock valued at $338,000 after purchasing an additional 1,176 shares in the last quarter. First Command Bank raised its position in Ford Motor by 4.6% during the 4th quarter. First Command Bank now owns 27,041 shares of the auto manufacturer’s stock valued at $251,000 after purchasing an additional 1,180 shares in the last quarter. Lester Murray Antman dba SimplyRich raised its position in Ford Motor by 3.4% during the 3rd quarter. Lester Murray Antman dba SimplyRich now owns 37,181 shares of the auto manufacturer’s stock valued at $338,000 after purchasing an additional 1,206 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its position in shares of Ford Motor by 0.6% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 208,150 shares of the auto manufacturer’s stock worth $1,907,000 after acquiring an additional 1,230 shares in the last quarter. 53.50% of the stock is currently owned by hedge funds and other institutional investors.
Shares of F stock opened at $9.16 on Friday. Ford Motor has a 1-year low of $8.16 and a 1-year high of $10.56. The stock’s fifty day moving average price is $9.24 and its 200 day moving average price is $9.25. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.17 and a quick ratio of 1.04. The company has a market cap of $36.36 billion, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 1.02 and a beta of 1.09.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share 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 firm had revenue of $33.93 billion for the quarter, compared to the consensus estimate of $33.88 billion. During the same period in the previous year, the business earned $0.29 EPS. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. As a group, equities 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 paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.60 annualized dividend and a yield of 6.55%. Ford Motor’s dividend payout ratio (DPR) is 46.15%.
F has been the subject of several recent research reports. Evercore ISI lowered Ford Motor from an “in-line” rating to an “underperform” rating in a research report on Thursday, January 2nd. ValuEngine lowered Ford Motor from a “hold” rating to a “sell” rating in a research report on Monday, December 30th. Benchmark initiated coverage on Ford Motor in a research report on Thursday, January 9th. They issued a “hold” rating for the company. Wolfe Research raised Ford Motor from a “peer perform” rating to an “outperform” rating and set a $12.00 price target for the company in a research report on Tuesday, January 7th. Finally, Buckingham Research reduced their price target on Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $10.92.
In related news, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $8.92, for a total transaction of $178,400.00. Following the transaction, the chief executive officer now directly owns 165,184 shares in the company, valued at approximately $1,473,441.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John C. Lechleiter bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were acquired at an average price of $8.68 per share, for a total transaction of $217,000.00. Following the completion of the purchase, the director now owns 89,700 shares in the company, valued at $778,596. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 60,000 shares of company stock worth $543,200. 0.83% of the stock is owned by company insiders.
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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