Ford Motor (NYSE:F) Shares Purchased by Kiley Juergens Wealth Management LLC

Kiley Juergens Wealth Management LLC boosted its position in shares of Ford Motor (NYSE:F) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 31,709 shares of the auto manufacturer’s stock after acquiring an additional 1,077 shares during the quarter. Kiley Juergens Wealth Management LLC’s holdings in Ford Motor were worth $387,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Snider Financial Group raised its stake in shares of Ford Motor by 100,345.2% during the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after buying an additional 219,586,336 shares during the last quarter. Norges Bank purchased a new position in shares of Ford Motor during the 4th quarter valued at about $419,237,000. Moneta Group Investment Advisors LLC raised its stake in shares of Ford Motor by 81,406.2% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock valued at $351,241,000 after buying an additional 30,164,236 shares during the last quarter. Holocene Advisors LP purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $53,665,000. Finally, Prudential Financial Inc. raised its stake in shares of Ford Motor by 61.2% during the 1st quarter. Prudential Financial Inc. now owns 8,968,152 shares of the auto manufacturer’s stock valued at $151,652,000 after buying an additional 3,404,530 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of a number of recent research reports. Citigroup lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Piper Sandler initiated coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Morgan Stanley lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $13.82.

Ford Motor Price Performance

NYSE:F traded down $0.14 during trading hours on Tuesday, hitting $12.09. 56,347,301 shares of the stock were exchanged, compared to its average volume of 53,555,555. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The firm’s fifty day moving average price is $12.63 and its 200 day moving average price is $11.76. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The company has a market cap of $48.04 billion, a P/E ratio of 11.27, a P/E/G ratio of 1.00 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same period in the previous year, the business earned $0.51 EPS. Ford Motor’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio is currently 55.56%.

Ford Motor Profile

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.