Chiron Capital Management LLC Sells 8,514 Shares of Ford Motor Company $F

Chiron Capital Management LLC trimmed its position in shares of Ford Motor Company (NYSE:F) by 8.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,848 shares of the auto manufacturer’s stock after selling 8,514 shares during the period. Chiron Capital Management LLC’s holdings in Ford Motor were worth $1,051,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of F. Trust Co. of Toledo NA OH purchased a new position in Ford Motor in the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp bought a new position in Ford Motor during the second quarter valued at $30,000. Cypress Capital LLC purchased a new stake in shares of Ford Motor in the second quarter valued at $31,000. WPG Advisers LLC bought a new stake in shares of Ford Motor in the 1st quarter worth about $33,000. Finally, Rise Advisors LLC boosted its stake in shares of Ford Motor by 316.5% during the 1st quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,510 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.20 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The company’s 50 day moving average is $12.30 and its 200 day moving average is $11.45. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The company has a market cap of $52.58 billion, a PE ratio of 11.38, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. During the same period in the previous year, the company posted $0.49 earnings per share. Ford Motor’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s payout ratio is presently 51.72%.

Analyst Ratings Changes

F has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Ford Motor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, November 11th. Dbs Bank downgraded Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Piper Sandler raised their price target on Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Finally, The Goldman Sachs Group lifted their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $11.73.

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.