Ford Motor (NYSE:F) Shares Sold by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC cut its stake in shares of Ford Motor (NYSE:F) by 2.9% during the fourth quarter, Holdings Channel reports. The firm owned 147,013 shares of the auto manufacturer’s stock after selling 4,468 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Ford Motor were worth $1,356,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. Hager Investment Management Services LLC acquired a new stake in Ford Motor during the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at approximately $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the fourth quarter worth approximately $31,000. Finally, Crewe Advisors LLC raised its position in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F stock opened at $10.05 on Tuesday. The company has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The stock has a 50 day moving average of $9.75 and a two-hundred day moving average of $10.27.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Piper Sandler reduced their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Finally, TD Cowen began coverage on Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $11.37.

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.