Saxon Interests Inc. Has $289,000 Holdings in Ford Motor (NYSE:F)

Saxon Interests Inc. raised its holdings in Ford Motor (NYSE:F) by 49.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,795 shares of the auto manufacturer’s stock after buying an additional 7,163 shares during the quarter. Saxon Interests Inc.’s holdings in Ford Motor were worth $289,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Ford Motor by 29.8% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after purchasing an additional 828 shares during the period. First United Bank & Trust raised its position in shares of Ford Motor by 5.4% during the fourth quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock worth $201,000 after purchasing an additional 850 shares during the period. Lee Financial Co raised its position in shares of Ford Motor by 3.6% during the fourth quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock worth $303,000 after purchasing an additional 854 shares during the period. Welch Group LLC raised its position in shares of Ford Motor by 5.3% during the first quarter. Welch Group LLC now owns 17,754 shares of the auto manufacturer’s stock worth $236,000 after purchasing an additional 897 shares during the period. Finally, Bigelow Investment Advisors LLC grew its holdings in Ford Motor by 4.9% during the fourth quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock worth $236,000 after buying an additional 908 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on F shares. Royal Bank of Canada upped their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Piper Sandler started coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective for the company. UBS Group upped their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Barclays upped their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Sanford C. Bernstein started coverage on Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.89.

Insider Buying and Selling

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.40% of the stock is owned by corporate insiders.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.12 on Tuesday, hitting $12.88. The company’s stock had a trading volume of 46,963,970 shares, compared to its average volume of 51,214,523. The company has a 50-day simple moving average of $12.20 and a 200 day simple moving average of $12.25. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The company has a market capitalization of $51.40 billion, a PE ratio of 13.25, a PEG ratio of 0.81 and a beta of 1.62. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.63 EPS. Sell-side analysts forecast that Ford Motor will post 2.02 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.66%. Ford Motor’s payout ratio is 61.86%.

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.