Wealth Alliance Has $234,000 Stock Holdings in Ford Motor (NYSE:F)

Wealth Alliance decreased its position in shares of Ford Motor (NYSE:F) by 13.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,174 shares of the auto manufacturer’s stock after selling 2,981 shares during the quarter. Wealth Alliance’s holdings in Ford Motor were worth $234,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Snider Financial Group raised its holdings in Ford Motor by 100,345.2% in the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after acquiring an additional 219,586,336 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after buying an additional 2,657,650 shares during the last quarter. Geode Capital Management LLC raised its stake in Ford Motor by 1.2% during the first quarter. Geode Capital Management LLC now owns 70,775,476 shares of the auto manufacturer’s stock worth $889,831,000 after buying an additional 863,591 shares during the last quarter. Northern Trust Corp raised its stake in Ford Motor by 3.8% during the third quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock worth $473,312,000 after buying an additional 1,392,408 shares during the last quarter. Finally, Norges Bank bought a new position in Ford Motor during the fourth quarter worth $419,237,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Up 0.7 %

F opened at $12.15 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The stock has a market cap of $48.26 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 0.95 and a beta of 1.63. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company’s 50-day moving average price is $12.59 and its two-hundred day moving average price is $11.76.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. The firm 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 company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. As a group, equities analysts expect that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid 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 payout ratio is currently 55.56%.

Analyst Upgrades and Downgrades

F has been the subject of several research analyst reports. Redburn Atlantic initiated coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. Piper Sandler assumed 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 target price on shares of Ford Motor in a research report on Wednesday, February 7th. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research report on Wednesday, January 17th. Finally, Barclays boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.82.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction that occurred 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 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 link. 0.80% of the stock is currently owned by corporate insiders.

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.