Vigilare Wealth Management lowered its position in shares of Ford Motor (NYSE:F – Get Rating) by 17.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,013 shares of the auto manufacturer’s stock after selling 8,005 shares during the period. Vigilare Wealth Management’s holdings in Ford Motor were worth $442,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of F. Wagner Wealth Management LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $25,000. Zions Bancorporation N.A. grew its position in shares of Ford Motor by 65.8% in the 3rd quarter. Zions Bancorporation N.A. now owns 2,836 shares of the auto manufacturer’s stock valued at $32,000 after buying an additional 1,126 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in shares of Ford Motor by 107.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,020 shares of the auto manufacturer’s stock valued at $34,000 after buying an additional 1,565 shares during the last quarter. Neo Ivy Capital Management grew its position in shares of Ford Motor by 82.7% in the 2nd quarter. Neo Ivy Capital Management now owns 3,065 shares of the auto manufacturer’s stock valued at $34,000 after buying an additional 1,387 shares during the last quarter. Finally, WASHINGTON TRUST Co grew its position in shares of Ford Motor by 695.8% in the 3rd quarter. WASHINGTON TRUST Co now owns 3,183 shares of the auto manufacturer’s stock valued at $36,000 after buying an additional 2,783 shares during the last quarter. Institutional investors own 49.68% of the company’s stock.
Ford Motor Stock Performance
Shares of Ford Motor stock opened at $11.30 on Friday. The company has a market cap of $45.04 billion, a PE ratio of -22.16, a price-to-earnings-growth ratio of 1.52 and a beta of 1.53. Ford Motor has a 52 week low of $10.61 and a 52 week high of $17.80. The business has a 50 day moving average price of $12.72 and a 200-day moving average price of $12.97. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 2.06.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Stockholders of record on Monday, February 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend was Friday, February 10th. Ford Motor’s dividend payout ratio (DPR) is presently -117.65%.
Analysts Set New Price Targets
F has been the topic of a number of recent analyst reports. StockNews.com initiated coverage on Ford Motor in a research note on Thursday. They issued a “hold” rating on the stock. Citigroup boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Wednesday, November 30th. Benchmark dropped their price objective on Ford Motor from $21.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, February 3rd. Deutsche Bank Aktiengesellschaft downgraded Ford Motor from a “hold” rating to a “sell” rating and dropped their price objective for the company from $13.00 to $11.00 in a research note on Friday, February 3rd. Finally, Tudor, Pickering, Holt & Co. downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, February 15th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.34.
Insider Activity
In other news, CFO John T. Lawler sold 29,821 shares of the company’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $13.07, for a total value of $389,760.47. Following the completion of the transaction, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CFO John T. Lawler sold 29,821 shares of the company’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $13.07, for a total value of $389,760.47. Following the completion of the transaction, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Ashwani Kumar Galhotra sold 24,850 shares of the company’s stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $13.01, for a total value of $323,298.50. Following the completion of the transaction, the insider now directly owns 511,605 shares of the company’s stock, valued at $6,655,981.05. The disclosure for this sale can be found here. Insiders sold a total of 134,592 shares of company stock valued at $1,740,843 over the last three months. Corporate insiders own 0.90% of the company’s stock.
Ford Motor Profile
Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories.
Further Reading
- Get a free copy of the StockNews.com research report on Ford Motor (F)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.