Cheviot Value Management LLC Takes $334,000 Position in Ford Motor Company (NYSE:F)

Cheviot Value Management LLC bought a new stake in Ford Motor Company (NYSE:F - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 32,795 shares of the auto manufacturer's stock, valued at approximately $334,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Grove Bank & Trust lifted its position in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after purchasing an additional 1,882 shares during the last quarter. Elite Financial Inc. purchased a new position in Ford Motor in the first quarter valued at $27,000. Olde Wealth Management LLC acquired a new stake in Ford Motor in the first quarter valued at $28,000. MorganRosel Wealth Management LLC acquired a new stake in Ford Motor in the first quarter valued at $30,000. Finally, Spurstone Advisory Services LLC purchased a new stake in Ford Motor during the 4th quarter worth about $31,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was 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 accessible through this hyperlink. 0.48% of the stock is currently owned by company insiders.

Ford Motor Price Performance

NYSE:F opened at $10.80 on Friday. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.97. The firm has a market cap of $42.95 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 3.15 and a beta of 1.48. The company's 50-day moving average is $10.91 and its two-hundred day moving average is $10.22. The company has a current ratio of 1.10, a quick ratio of 0.97 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results 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. The company 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 in the prior year, the company posted $0.47 EPS. Research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 76.92%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on F shares. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their target price for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Citigroup raised their price target on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $10.40.

Ford Motor Company 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.

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