Ford Motor (NYSE:F) Shares Sold by Vestor Capital LLC

Vestor Capital LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 34.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,318 shares of the auto manufacturer’s stock after selling 5,502 shares during the period. Vestor Capital LLC’s holdings in Ford Motor were worth $126,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Advantage Trust Co acquired a new stake in shares of Ford Motor during the fourth quarter worth $45,000. Heritage Investors Management Corp raised its holdings in Ford Motor by 2.4% during the fourth quarter. Heritage Investors Management Corp now owns 44,957 shares of the auto manufacturer’s stock worth $548,000 after purchasing an additional 1,033 shares in the last quarter. Wealthspire Advisors LLC lifted its position in Ford Motor by 29.8% in the fourth quarter. Wealthspire Advisors LLC now owns 188,429 shares of the auto manufacturer’s stock valued at $2,297,000 after purchasing an additional 43,316 shares during the period. National Pension Service boosted its holdings in Ford Motor by 2.0% in the 4th quarter. National Pension Service now owns 8,001,903 shares of the auto manufacturer’s stock valued at $97,543,000 after purchasing an additional 157,665 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in Ford Motor by 48.0% during the 4th quarter. Bogart Wealth LLC now owns 4,420 shares of the auto manufacturer’s stock worth $54,000 after purchasing an additional 1,433 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of several recent analyst reports. UBS Group raised their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Redburn Atlantic initiated coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Citigroup upped their price target on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Barclays raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.74.

Ford Motor Price Performance

Shares of F traded down $0.02 during trading hours on Thursday, reaching $12.13. 28,990,101 shares of the company traded hands, compared to its average volume of 53,505,438. The stock has a market capitalization of $48.43 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 0.84 and a beta of 1.61. The stock has a fifty day simple moving average of $12.65 and a 200 day simple moving average of $11.81. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32.

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

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

Insider Buying and Selling

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.40% of the stock is currently owned by company insiders.

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.