Lindbrook Capital LLC Sells 3,101 Shares of Ford Motor (NYSE:F)

Lindbrook Capital LLC trimmed its position in Ford Motor (NYSE:F) by 20.7% during the 4th quarter, HoldingsChannel reports. The firm owned 11,891 shares of the auto manufacturer’s stock after selling 3,101 shares during the quarter. Lindbrook Capital LLC’s holdings in Ford Motor were worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. boosted its position in shares of Ford Motor by 151.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 4,496,403 shares of the auto manufacturer’s stock valued at $55,845,000 after buying an additional 2,707,038 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of 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 valued at $1,085,406,000 after buying an additional 2,657,650 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Ford Motor by 1,084.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock valued at $32,876,000 after buying an additional 2,469,344 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Ford Motor by 21.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after buying an additional 2,190,915 shares during the last quarter. Finally, Quadrature Capital Ltd grew its stake in shares of Ford Motor by 134.9% during the third quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after buying an additional 2,085,031 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of a number of analyst reports. Redburn Atlantic initiated coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Piper Sandler initiated coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Wednesday, January 17th. Morgan Stanley increased their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Finally, Citigroup increased their price objective on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $13.82.

Ford Motor Stock Up 0.5 %

Ford Motor stock opened at $12.95 on Wednesday. The business has a fifty day moving average of $12.59 and a two-hundred day moving average of $11.77. 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 firm has a market cap of $51.44 billion, a P/E ratio of 11.99, a P/E/G ratio of 0.96 and a beta of 1.63. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. Ford Motor’s revenue was up 3.5% on a year-over-year basis. On average, analysts forecast that Ford Motor will post 1.89 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a dividend of $0.33 per share. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is presently 55.56%.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.80% of the company’s stock.

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.