Barry Investment Advisors LLC reduced its stake in shares of Ford Motor Company (NYSE:F) by 20.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,547 shares of the auto manufacturer’s stock after selling 2,882 shares during the period. Barry Investment Advisors LLC’s holdings in Ford Motor Company were worth $134,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also bought and sold shares of F. Balentine LLC raised its position in Ford Motor Company by 1.8% in the third quarter. Balentine LLC now owns 8,815 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 160 shares during the last quarter. Puplava Financial Services Inc. purchased a new position in Ford Motor Company during the first quarter worth about $116,000. TNB Financial purchased a new position in Ford Motor Company during the first quarter worth about $119,000. First National Bank Sioux Falls purchased a new position in Ford Motor Company during the third quarter worth about $121,000. Finally, Teza Capital Management LLC purchased a new position in Ford Motor Company during the fourth quarter worth about $124,000. 54.19% of the stock is owned by institutional investors and hedge funds.
Ford Motor Company (NYSE:F) traded down 0.91% during mid-day trading on Thursday, hitting $10.86. 46,143,276 shares of the company traded hands. The stock has a market capitalization of $43.24 billion, a price-to-earnings ratio of 11.57 and a beta of 1.02. The company’s 50-day moving average is $11.16 and its 200-day moving average is $12.04. Ford Motor Company has a one year low of $10.67 and a one year high of $14.04. Ford Motor Company also was the target of some unusual options trading activity on Wednesday. Stock traders acquired 7,882 put options on the stock. This is an increase of 391% compared to the typical volume of 1,604 put options.
Ford Motor Company (NYSE:F) last released its earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05. Ford Motor Company had a net margin of 3.08% and a return on equity of 23.23%. The business had revenue of $36.48 billion during the quarter, compared to analysts’ expectations of $34.62 billion. During the same period last year, the business earned $0.68 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Analysts predict that Ford Motor Company will post $1.55 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Thursday, April 20th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, April 18th. This represents a $0.60 annualized dividend and a dividend yield of 5.52%. Ford Motor Company’s dividend payout ratio is presently 52.63%.
A number of research analysts have issued reports on the stock. Jefferies Group LLC reissued a “hold” rating and set a $12.00 target price on shares of Ford Motor Company in a research note on Monday. Deutsche Bank AG reissued a “hold” rating and set a $14.00 target price on shares of Ford Motor Company in a research note on Wednesday. Royal Bank of Canada reaffirmed a “buy” rating and issued a $14.00 price target on shares of Ford Motor Company in a research note on Monday, May 15th. Vetr raised shares of Ford Motor Company from a “buy” rating to a “strong-buy” rating and set a $14.17 price target for the company in a research note on Tuesday, February 28th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Ford Motor Company in a research note on Thursday, March 30th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Ford Motor Company presently has a consensus rating of “Hold” and an average price target of $13.69.
In related news, insider Bennie W. Fowler sold 92,528 shares of the firm’s stock in a transaction on Thursday, March 2nd. The shares were sold at an average price of $12.68, for a total value of $1,173,255.04. Following the completion of the transaction, the insider now directly owns 450,635 shares of the company’s stock, valued at $5,714,051.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ziad S. Ojakli sold 50,309 shares of the firm’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $12.63, for a total transaction of $635,402.67. Following the completion of the transaction, the insider now directly owns 292,815 shares of the company’s stock, valued at $3,698,253.45. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.
About Ford Motor Company
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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