Keel Point LLC Has $168,000 Position in Ford Motor (NYSE:F)

Keel Point LLC lowered its position in Ford Motor (NYSE:F) by 13.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,789 shares of the auto manufacturer’s stock after selling 2,056 shares during the quarter. Keel Point LLC’s holdings in Ford Motor were worth $168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. AJ Wealth Strategies LLC boosted its position in shares of Ford Motor by 2.7% in the first quarter. AJ Wealth Strategies LLC now owns 31,374 shares of the auto manufacturer’s stock valued at $531,000 after acquiring an additional 820 shares during the period. First Manhattan Co. boosted its position in shares of Ford Motor by 6.7% in the fourth quarter. First Manhattan Co. now owns 13,649 shares of the auto manufacturer’s stock valued at $159,000 after acquiring an additional 853 shares during the period. Zuckerman Investment Group LLC lifted its position in Ford Motor by 3.6% during the second quarter. Zuckerman Investment Group LLC now owns 24,355 shares of the auto manufacturer’s stock valued at $368,000 after purchasing an additional 855 shares during the last quarter. Atlas Brown Inc. lifted its position in Ford Motor by 1.0% during the third quarter. Atlas Brown Inc. now owns 85,588 shares of the auto manufacturer’s stock valued at $1,063,000 after purchasing an additional 862 shares during the last quarter. Finally, Waverly Advisors LLC lifted its position in Ford Motor by 8.1% during the fourth quarter. Waverly Advisors LLC now owns 11,812 shares of the auto manufacturer’s stock valued at $137,000 after purchasing an additional 886 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on F shares. Barclays lifted their target price 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. Citigroup lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Piper Sandler began coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Redburn Atlantic began coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. One equities research 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. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $13.82.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the business’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 sale, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.80% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $12.03 on Thursday. The stock has a market cap of $47.80 billion, a P/E ratio of 11.14, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The firm’s fifty day simple moving average is $12.61 and its 200 day simple moving average is $11.76. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The business had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 earnings per share. As a group, research analysts predict that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

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.