Ford Motor (NYSE:F) Shares Sold by Fernwood Investment Management LLC

Fernwood Investment Management LLC reduced its holdings in Ford Motor (NYSE:F) by 20.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,009 shares of the auto manufacturer’s stock after selling 2,576 shares during the quarter. Fernwood Investment Management LLC’s holdings in Ford Motor were worth $122,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Investment House LLC grew its stake in shares of Ford Motor by 24.5% in the fourth quarter. Investment House LLC now owns 15,000 shares of the auto manufacturer’s stock worth $183,000 after purchasing an additional 2,950 shares in the last quarter. Choreo LLC lifted its holdings in Ford Motor by 6.3% in the fourth quarter. Choreo LLC now owns 32,397 shares of the auto manufacturer’s stock worth $395,000 after purchasing an additional 1,908 shares during the period. Gilbert & Cook Inc. grew its position in Ford Motor by 4.1% in the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock valued at $569,000 after buying an additional 1,836 shares in the last quarter. Bridgewealth Advisory Group LLC bought a new stake in shares of Ford Motor during the 4th quarter worth about $137,000. Finally, Eagle Wealth Strategies LLC acquired a new stake in shares of Ford Motor in the 4th quarter worth approximately $167,000. Institutional investors own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Ford Motor Trading Down 3.5 %

NYSE:F traded down $0.45 on Tuesday, hitting $12.30. 17,765,113 shares of the stock were exchanged, compared to its average volume of 53,813,539. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42. The stock has a market capitalization of $48.88 billion, a price-to-earnings ratio of 12.71, a P/E/G ratio of 0.86 and a beta of 1.63. The company’s 50-day moving average price is $12.63 and its 200 day moving average price is $11.79.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same period in the prior year, the business posted $0.63 earnings per share. Ford Motor’s revenue was up 3.1% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.88%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analysts Set New Price Targets

F has been the topic of a number of recent analyst reports. UBS Group boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Morgan Stanley upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Citigroup raised their price objective 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. Redburn Atlantic began coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. Finally, Piper Sandler initiated coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.