Bryn Mawr Capital Management LLC Has $3.10 Million Stock Holdings in Ford Motor (NYSE:F)

Bryn Mawr Capital Management LLC trimmed its position in shares of Ford Motor (NYSE:F) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 254,492 shares of the auto manufacturer’s stock after selling 3,143 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Ford Motor were worth $3,102,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the period. Milestone Investment Advisors LLC acquired a new position in shares of Ford Motor in the third quarter worth approximately $27,000. Peoples Bank KS acquired a new position in shares of Ford Motor in the third quarter worth approximately $29,000. Provence Wealth Management Group acquired a new position in shares of Ford Motor in the third quarter worth approximately $31,000. Finally, Headinvest LLC acquired a new position in shares of Ford Motor in the third quarter worth approximately $31,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently commented on F. Citigroup lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Piper Sandler initiated coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. UBS Group upped their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday. Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, Redburn Atlantic initiated coverage on Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target for the company. One investment 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. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.02.

Ford Motor Stock Performance

Shares of F stock traded down $0.27 on Friday, hitting $12.77. 57,211,591 shares of the stock were exchanged, compared to its average volume of 54,332,313. 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 firm has a market capitalization of $50.74 billion, a PE ratio of 13.16, a P/E/G ratio of 1.02 and a beta of 1.63. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The firm’s 50 day moving average is $12.62 and its two-hundred day moving average is $11.79.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.56% and a net margin of 2.21%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 EPS. Sell-side analysts expect that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.70%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.