Ford Motor (NYSE:F) Shares Purchased by Hyman Charles D

Hyman Charles D raised its stake in Ford Motor (NYSE:F) by 5.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 155,513 shares of the auto manufacturer’s stock after purchasing an additional 7,600 shares during the period. Hyman Charles D’s holdings in Ford Motor were worth $1,896,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,839 shares during the period. Milestone Investment Advisors LLC bought a new position in shares of Ford Motor during the third quarter valued at approximately $27,000. Peoples Bank KS acquired a new stake in shares of Ford Motor during the 3rd quarter worth approximately $29,000. Provence Wealth Management Group acquired a new position in Ford Motor during the 3rd quarter valued at approximately $31,000. Finally, Headinvest LLC bought a new position in Ford Motor during the 3rd quarter worth $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 2.7 %

Shares of NYSE F traded down $0.34 during trading hours on Tuesday, hitting $12.17. The stock had a trading volume of 48,048,330 shares, compared to its average volume of 53,955,992. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The firm’s 50-day moving average price is $12.65 and its two-hundred day moving average price is $11.81. The company has a market capitalization of $48.57 billion, a P/E ratio of 12.54, a P/E/G ratio of 0.84 and a beta of 1.61. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. The firm had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 EPS. Analysts anticipate that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.93%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

F has been the subject of several analyst reports. Citigroup boosted their price objective on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Piper Sandler began coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. 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 objective on the stock. Morgan Stanley upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Finally, UBS Group raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $13.74.

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.