Catalyst Financial Partners LLC Sells 3,324 Shares of Ford Motor (NYSE:F)

Catalyst Financial Partners LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 22.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,355 shares of the auto manufacturer’s stock after selling 3,324 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Ford Motor were worth $138,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Bigelow Investment Advisors LLC grew its stake in shares of Ford Motor by 4.9% during the 4th quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock valued at $236,000 after acquiring an additional 908 shares during the period. North Star Asset Management Inc. grew its stake in shares of Ford Motor by 8.9% during the 4th quarter. North Star Asset Management Inc. now owns 11,838 shares of the auto manufacturer’s stock valued at $144,000 after acquiring an additional 971 shares during the period. Birmingham Capital Management Co. Inc. AL grew its stake in shares of Ford Motor by 8.5% during the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 12,700 shares of the auto manufacturer’s stock valued at $158,000 after acquiring an additional 1,000 shares during the period. Hedges Asset Management LLC grew its stake in shares of Ford Motor by 1.3% during the 4th quarter. Hedges Asset Management LLC now owns 75,200 shares of the auto manufacturer’s stock valued at $917,000 after acquiring an additional 1,000 shares during the period. Finally, Lafayette Investments Inc. grew its stake in shares of Ford Motor by 8.4% during the 4th quarter. Lafayette Investments Inc. now owns 12,950 shares of the auto manufacturer’s stock valued at $158,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on 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 in the company, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.40% of the company’s stock.

Ford Motor Trading Down 0.2 %

NYSE:F traded down $0.02 during midday trading on Thursday, hitting $12.13. 28,990,101 shares of the company traded hands, compared to its average volume of 53,505,438. The firm’s fifty day moving average is $12.65 and its 200-day moving average is $11.81. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a market capitalization of $48.43 billion, a P/E ratio of 12.51, a P/E/G ratio of 0.84 and a beta of 1.61. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last released its quarterly 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. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter in the prior year, the firm posted $0.63 EPS. Ford Motor’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, sell-side analysts predict that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 4.95%. Ford Motor’s payout ratio is presently 61.86%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on F. Morgan Stanley boosted their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Redburn Atlantic initiated coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. Citigroup upped their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Piper Sandler initiated 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. Finally, Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.74.

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.