Ford Motor Company $F Shares Sold by Venture Visionary Partners LLC

Venture Visionary Partners LLC lowered its position in Ford Motor Company (NYSE:F) by 41.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,681 shares of the auto manufacturer’s stock after selling 75,511 shares during the quarter. Venture Visionary Partners LLC’s holdings in Ford Motor were worth $1,070,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grove Bank & Trust lifted its stake in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Elite Financial Inc. purchased a new stake in Ford Motor in the first quarter valued at approximately $27,000. Olde Wealth Management LLC purchased a new stake in Ford Motor in the first quarter valued at approximately $28,000. MorganRosel Wealth Management LLC purchased a new stake in Ford Motor in the first quarter valued at approximately $30,000. Finally, Spurstone Advisory Services LLC purchased a new stake in Ford Motor in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In related news, insider Andrew Frick sold 30,000 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider owned 113,939 shares of the company’s stock, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.48% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Citigroup boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday, May 7th. Piper Sandler upped their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. UBS Group upped their price target on Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Finally, Royal Bank Of Canada upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $10.53.

Ford Motor Price Performance

Ford Motor stock opened at $11.4950 on Thursday. The business has a 50 day simple moving average of $11.18 and a 200-day simple moving average of $10.32. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $11.97. The stock has a market capitalization of $45.75 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 3.35 and a beta of 1.48. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. Ford Motor’s quarterly revenue was up 5.0% on a year-over-year basis. Equities analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor’s dividend payout ratio is currently 76.92%.

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.