Key Client Fiduciary Advisors LLC Cuts Stock Position in Ford Motor Company $F

Key Client Fiduciary Advisors LLC lessened its stake in shares of Ford Motor Company (NYSE:F) by 24.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,286 shares of the auto manufacturer’s stock after selling 5,597 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Ford Motor were worth $188,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of F. Vanguard Group Inc. raised its stake in shares of Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after purchasing an additional 55,576,478 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after acquiring an additional 48,378,444 shares during the period. Nuveen LLC acquired a new position in Ford Motor during the first quarter worth $123,147,000. Charles Schwab Investment Management Inc. grew its holdings in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares during the period. Finally, Voloridge Investment Management LLC grew its holdings in Ford Motor by 2,905.1% during the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer’s stock worth $79,096,000 after acquiring an additional 7,723,601 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.6%

Ford Motor stock opened at $11.61 on Wednesday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The firm has a market capitalization of $46.21 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 3.36 and a beta of 1.52. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.99. The stock’s fifty day moving average is $11.47 and its two-hundred day moving average is $10.63.

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

Ford Motor Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Piper Sandler upped their price objective on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Royal Bank Of Canada upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 5th. UBS Group upped their price objective on Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Finally, Barclays upped their target price on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $10.53.

Insider Activity at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the 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 sale, the insider owned 113,939 shares of the company’s stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is currently owned by 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.