Ford Motor (NYSE:F) Shares Sold by Herold Advisors Inc.

Herold Advisors Inc. reduced its stake in Ford Motor (NYSE:F) by 4.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 41,260 shares of the auto manufacturer’s stock after selling 1,922 shares during the quarter. Herold Advisors Inc.’s holdings in Ford Motor were worth $503,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in F. GHP Investment Advisors Inc. lifted its holdings in Ford Motor by 67.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 12,222 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 4,929 shares in the last quarter. Caprock Group LLC lifted its holdings in Ford Motor by 10.0% during the 3rd quarter. Caprock Group LLC now owns 49,897 shares of the auto manufacturer’s stock worth $620,000 after buying an additional 4,518 shares in the last quarter. SS&H Financial Advisors Inc. acquired a new stake in Ford Motor during the 3rd quarter worth approximately $366,000. Fiduciary Alliance LLC lifted its holdings in Ford Motor by 1,182.3% during the 3rd quarter. Fiduciary Alliance LLC now owns 32,212 shares of the auto manufacturer’s stock worth $400,000 after buying an additional 29,700 shares in the last quarter. Finally, Czech National Bank lifted its holdings in Ford Motor by 47.7% during the 3rd quarter. Czech National Bank now owns 687,123 shares of the auto manufacturer’s stock worth $8,534,000 after buying an additional 221,751 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by insiders.

Ford Motor Stock Down 2.1 %

Shares of NYSE F traded down $0.27 during mid-day trading on Friday, reaching $12.77. The company had a trading volume of 57,211,591 shares, 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 50 day simple moving average of $12.62 and a two-hundred day simple moving average of $11.79. The stock has a market cap of $50.74 billion, a P/E ratio of 13.16, a PEG ratio of 1.02 and a beta of 1.63. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42.

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

Ford Motor Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on F. Morgan Stanley increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. UBS Group increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday. Redburn Atlantic initiated coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. Barclays increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Finally, Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.02.

About Ford Motor

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.