Oliver Lagore Vanvalin Investment Group Trims Position in Ford Motor (NYSE:F)

Oliver Lagore Vanvalin Investment Group lessened its stake in shares of Ford Motor (NYSE:F) by 11.3% during the 4th quarter, Holdings Channel reports. The fund owned 9,798 shares of the auto manufacturer’s stock after selling 1,247 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in Ford Motor were worth $119,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Ninety One UK Ltd purchased a new position in shares of Ford Motor during the 4th quarter worth $1,319,000. Twin Capital Management Inc. raised its holdings in shares of Ford Motor by 41.1% during the 4th quarter. Twin Capital Management Inc. now owns 146,410 shares of the auto manufacturer’s stock worth $1,785,000 after acquiring an additional 42,651 shares during the period. Wright Investors Service Inc. increased its position in shares of Ford Motor by 67.7% during the 4th quarter. Wright Investors Service Inc. now owns 31,456 shares of the auto manufacturer’s stock worth $383,000 after purchasing an additional 12,699 shares during the last quarter. HF Advisory Group LLC increased its position in shares of Ford Motor by 18.2% during the 4th quarter. HF Advisory Group LLC now owns 26,153 shares of the auto manufacturer’s stock worth $319,000 after purchasing an additional 4,019 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Ford Motor by 52.8% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,789 shares of the auto manufacturer’s stock worth $83,000 after purchasing an additional 2,346 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on F. Morgan Stanley raised their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research report on Wednesday, January 17th. Barclays raised their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $13.82.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.80% of the company’s stock.

Ford Motor Stock Performance

NYSE F opened at $12.07 on Friday. The stock has a 50-day moving average of $12.60 and a two-hundred day moving average of $11.76. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The company has a market cap of $47.94 billion, a P/E ratio of 11.17, a P/E/G ratio of 0.95 and a beta of 1.63. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42.

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

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s payout ratio 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.