Flynn Zito Capital Management LLC Has $250,000 Holdings in Ford Motor (NYSE:F)

Flynn Zito Capital Management LLC grew its stake in Ford Motor (NYSE:F) by 48.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,533 shares of the auto manufacturer’s stock after acquiring an additional 6,669 shares during the period. Flynn Zito Capital Management LLC’s holdings in Ford Motor were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Ninety One UK Ltd bought a new position in shares of Ford Motor in the fourth quarter worth about $1,319,000. Twin Capital Management Inc. raised its stake in shares of Ford Motor by 41.1% in the fourth quarter. Twin Capital Management Inc. now owns 146,410 shares of the auto manufacturer’s stock worth $1,785,000 after acquiring an additional 42,651 shares during the last quarter. Wright Investors Service Inc. raised its stake in shares of Ford Motor by 67.7% in the fourth quarter. Wright Investors Service Inc. now owns 31,456 shares of the auto manufacturer’s stock worth $383,000 after acquiring an additional 12,699 shares during the last quarter. HF Advisory Group LLC raised its stake in shares of Ford Motor by 18.2% in the fourth quarter. HF Advisory Group LLC now owns 26,153 shares of the auto manufacturer’s stock worth $319,000 after acquiring an additional 4,019 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Ford Motor by 52.8% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,789 shares of the auto manufacturer’s stock worth $83,000 after buying an additional 2,346 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Redburn Atlantic assumed coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target for the company. Piper Sandler assumed coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.82.

Ford Motor Stock Up 0.2 %

Shares of Ford Motor stock traded up $0.02 on Thursday, hitting $12.06. The company had a trading volume of 39,575,745 shares, compared to its average volume of 53,172,242. The firm has a market capitalization of $47.92 billion, a P/E ratio of 11.15, a P/E/G ratio of 0.96 and a beta of 1.63. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The stock has a 50-day moving average of $12.61 and a 200-day moving average of $11.76.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 earnings per share. Research analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Announces Dividend

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

Ford Motor Company 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.