Douglas Lane & Associates LLC Decreases Stock Position in Ford Motor Company $F

Key Points

• Douglas Lane & Associates cut its Ford stake by 80.7% in Q4, selling 1,611,570 shares and leaving 386,231 shares valued at about $5.07 million.
• Ford beat Q4 estimates with $0.13 EPS (vs. $0.06) and $45.89 billion in revenue (vs. $41.78 billion), but revenue was down 4.8% year‑over‑year and the company reported a negative net margin of 4.37%.
• William Clay Ford Jr. purchased 140,000 shares at an average $13.82, and the company pays a $0.15 quarterly dividend (a 4.9% yield) while analysts maintain a consensus "Hold" with an average target of $13.66.

Douglas Lane & Associates LLC cut its holdings in Ford Motor Company (NYSE:F - Free Report) by 80.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 386,231 shares of the auto manufacturer's stock after selling 1,611,570 shares during the quarter. Douglas Lane & Associates LLC's holdings in Ford Motor were worth $5,067,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CRA Financial Services LLC raised its stake in Ford Motor by 4.4% in the fourth quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer's stock valued at $240,000 after buying an additional 775 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in Ford Motor by 16.5% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer's stock valued at $65,000 after buying an additional 776 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in Ford Motor by 7.2% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer's stock valued at $153,000 after buying an additional 784 shares during the last quarter. Capital Investment Advisors LLC raised its stake in Ford Motor by 1.3% in the third quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer's stock valued at $767,000 after buying an additional 824 shares during the last quarter. Finally, Silverlake Wealth Management LLC raised its stake in shares of Ford Motor by 1.7% in the third quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer's stock worth $575,000 after purchasing an additional 827 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.9%

Ford Motor stock opened at $12.12 on Friday. The firm has a market cap of $48.37 billion, a price-to-earnings ratio of -5.89, a price-to-earnings-growth ratio of 0.29 and a beta of 1.70. Ford Motor Company has a 52 week low of $9.04 and a 52 week high of $14.80. The business's 50-day moving average price is $12.72 and its 200 day moving average price is $12.92. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The firm had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.Ford Motor's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. As a group, sell-side analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor's dividend payout ratio (DPR) is presently -29.13%.

Insider Buying and Selling

In other Ford Motor news, insider William Clay Ford, Jr. acquired 140,000 shares of the company's stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.63% of the company's stock.

Analyst Ratings Changes

F has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Ford Motor from $14.00 to $15.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 21st. Zacks Research cut Ford Motor from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Wall Street Zen cut Ford Motor from a "hold" rating to a "sell" rating in a research note on Sunday, April 5th. HSBC raised their price objective on Ford Motor from $9.80 to $12.80 and gave the stock a "hold" rating in a research note on Tuesday, January 13th. Finally, Wells Fargo & Company reduced their price objective on Ford Motor from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Tuesday, March 31st. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and an average target price of $13.66.

Ford Motor Company Profile

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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