Ford Motor (NYSE:F) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in Ford Motor (NYSE:F) by 3.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 652,551 shares of the auto manufacturer’s stock after selling 23,526 shares during the period. Yousif Capital Management LLC’s holdings in Ford Motor were worth $7,955,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. boosted its stake in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,839 shares during the period. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the third quarter valued at approximately $27,000. Peoples Bank KS acquired a new position in Ford Motor in the third quarter valued at approximately $29,000. Provence Wealth Management Group acquired a new position in Ford Motor in the third quarter valued at approximately $31,000. Finally, Headinvest LLC acquired a new position in Ford Motor in the third quarter valued at approximately $31,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ford Motor

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

Ford Motor Price Performance

Shares of NYSE:F opened at $12.98 on Thursday. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The stock has a market cap of $51.58 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 1.02 and a beta of 1.63. The stock’s 50 day moving average price is $12.60 and its 200 day moving average price is $11.78. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 earnings per share. Equities research analysts anticipate that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Redburn Atlantic assumed coverage on Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Morgan Stanley boosted 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. Citigroup boosted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Piper Sandler assumed 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, 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. One 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $13.82.

Ford Motor Company 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.