Ford Motor Company $F Holdings Raised by Patton Fund Management Inc.

Key Points

• Patton Fund Management boosted its Ford stake by 1,654.7% in Q4, adding 363,049 shares to hold 384,989 shares worth about $5.05 million.
• Ford beat quarterly expectations with EPS of $0.13 vs. $0.06 est and revenue of $45.89 billion (vs. $41.78B est), though revenue fell 4.8% year-over-year and the company posted a negative net margin (-4.37%).
• Insider William Clay Ford Jr. bought 140,000 shares at $13.82 (~$1.93 million), raising his total holding to 3,912,600 shares (about $54.1 million), indicating insider confidence.

Patton Fund Management Inc. boosted its holdings in Ford Motor Company (NYSE:F - Free Report) by 1,654.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 384,989 shares of the auto manufacturer's stock after acquiring an additional 363,049 shares during the quarter. Patton Fund Management Inc.'s holdings in Ford Motor were worth $5,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Corsicana & Co. bought a new stake in Ford Motor in the third quarter worth about $25,000. Grove Bank & Trust raised its position in Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,000 shares in the last quarter. Olistico Wealth LLC bought a new stake in Ford Motor in the fourth quarter worth about $26,000. Capital A Wealth Management LLC raised its position in Ford Motor by 990.9% in the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer's stock worth $27,000 after acquiring an additional 2,279 shares in the last quarter. Finally, Johnson Financial Group Inc. raised its position in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer's stock worth $28,000 after acquiring an additional 837 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Up 0.2%

NYSE:F opened at $12.15 on Tuesday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor Company has a fifty-two week low of $9.20 and a fifty-two week high of $14.80. The stock's 50-day moving average is $12.69 and its two-hundred day moving average is $12.95. The stock has a market cap of $48.47 billion, a PE ratio of -5.90, a price-to-earnings-growth ratio of 0.28 and a beta of 1.70.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company had revenue of $45.89 billion for the quarter, compared to analysts' expectations of $41.78 billion. During the same quarter in the previous year, the business posted $0.39 EPS. The business's revenue for the quarter was down 4.8% on a year-over-year basis. As a group, equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors 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 was Friday, February 13th. Ford Motor's payout ratio is -29.13%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 31st. Piper Sandler upgraded shares of Ford Motor from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $11.00 to $16.00 in a research report on Thursday, January 8th. Barclays boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "equal weight" rating in a research report on Friday, January 23rd. HSBC lifted their price target 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, TD Cowen lifted their price target on Ford Motor from $13.00 to $15.00 and gave the stock a "hold" rating in a research note on Tuesday, January 13th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor has an average rating of "Hold" and a consensus price target of $13.66.

Insiders Place Their Bets

In related news, insider William Clay Ford, Jr. bought 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.63% of the company's stock.

Ford Motor 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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