Simplicity Solutions LLC Has $992,000 Position in Ford Motor (NYSE:F)

Simplicity Solutions LLC lowered its holdings in Ford Motor (NYSE:F) by 18.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 81,415 shares of the auto manufacturer’s stock after selling 18,040 shares during the quarter. Simplicity Solutions LLC’s holdings in Ford Motor were worth $992,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of F. Whittier Trust Co. of Nevada Inc. boosted its holdings in Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC purchased a new position in Ford Motor during the 3rd quarter worth $27,000. Quarry LP purchased a new position in Ford Motor during the 2nd quarter worth $28,000. Peoples Bank KS purchased a new position in Ford Motor during the 3rd quarter worth $29,000. Finally, Fairfield Bush & CO. purchased a new position in Ford Motor during the 2nd quarter worth $29,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

F has been the topic of a number of analyst reports. Citigroup lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a report on Wednesday, January 17th. Morgan Stanley lifted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Redburn Atlantic assumed 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. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $13.82.

Ford Motor Trading Down 1.1 %

Shares of Ford Motor stock opened at $12.09 on Wednesday. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The stock’s 50-day simple moving average is $12.63 and its 200 day simple moving average is $11.76. The stock has a market capitalization of $48.04 billion, a P/E ratio of 11.19, a P/E/G ratio of 1.00 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating 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 business had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. During the same period in the previous year, the business posted $0.51 EPS. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, research analysts anticipate that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

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

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.