Calamos Advisors LLC decreased its position in shares of Ford Motor (NYSE:F) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,674,493 shares of the auto manufacturer’s stock after selling 12,327 shares during the period. Calamos Advisors LLC’s holdings in Ford Motor were worth $15,573,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Penserra Capital Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $25,000. Asset Dedication LLC boosted its stake in Ford Motor by 80.2% in the third quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock valued at $29,000 after acquiring an additional 1,409 shares during the last quarter. Strategic Blueprint LLC bought a new position in Ford Motor in the third quarter valued at approximately $30,000. Regal Wealth Group Inc. boosted its stake in Ford Motor by 31.9% in the third quarter. Regal Wealth Group Inc. now owns 4,668 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 1,130 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in Ford Motor by 117.1% in the third quarter. Larson Financial Group LLC now owns 4,125 shares of the auto manufacturer’s stock valued at $38,000 after acquiring an additional 2,225 shares during the last quarter. 53.50% of the stock is owned by institutional investors.
A number of equities analysts have issued reports on the stock. ValuEngine cut shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Monday, December 30th. Deutsche Bank cut shares of Ford Motor from a “buy” rating to a “hold” rating and reduced their price objective for the company from $12.00 to $11.00 in a research note on Thursday, October 24th. Benchmark assumed coverage on shares of Ford Motor in a research note on Thursday, January 9th. They issued a “hold” rating on the stock. Wolfe Research raised shares of Ford Motor from a “peer perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a research note on Tuesday, January 7th. Finally, Evercore ISI cut shares of Ford Motor from an “in-line” rating to an “underperform” rating in a research note on Thursday, January 2nd. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $10.92.
Shares of F stock opened at $9.19 on Thursday. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 2.81. Ford Motor has a 1 year low of $8.16 and a 1 year high of $10.56. The firm’s fifty day moving average price is $9.23 and its two-hundred day moving average price is $9.26. The firm has a market capitalization of $36.83 billion, a P/E ratio of 7.07, a PEG ratio of 1.04 and a beta of 1.09.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.08. Ford Motor had a net margin of 1.01% and a return on equity of 15.53%. The firm had revenue of $33.93 billion for the quarter, compared to analyst estimates of $33.88 billion. During the same period in the previous year, the business earned $0.29 EPS. The company’s revenue was down 2.1% compared to the same quarter last year. As a group, equities research analysts forecast that Ford Motor will post 1.24 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, January 30th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 6.53%. Ford Motor’s dividend payout ratio is presently 46.15%.
In other news, Director John C. Lechleiter acquired 25,000 shares of the stock in a transaction dated Friday, October 25th. The shares were bought at an average cost of $8.68 per share, for a total transaction of $217,000.00. Following the purchase, the director now directly owns 89,700 shares of the company’s stock, valued at $778,596. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $8.92, for a total transaction of $178,400.00. Following the transaction, the chief executive officer now owns 165,184 shares in the company, valued at $1,473,441.28. The disclosure for this sale can be found here. Insiders have sold a total of 60,000 shares of company stock worth $543,200 over the last 90 days. 0.83% of the stock is owned by company insiders.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
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