Ford Motor Company $F Shares Acquired by KKM Financial LLC

Key Points

• KKM Financial LLC increased its stake in Ford by 33.1% in Q3 to 383,294 shares (an added 95,374 shares), a holding valued at $4.584 million that represents about 1.4% of KKM’s portfolio and is its 27th largest position.
• Insider William Clay Ford, Jr. purchased 140,000 shares at $13.82 on Feb. 19, raising his holdings to 3,912,600 shares (a 3.71% increase); insiders own 0.48% of Ford while institutions hold 58.74%.
• Ford posted an earnings beat (EPS $0.13 vs. $0.06 expected) and revenue of $45.89B (down 4.8% y/y), pays a $0.15 quarterly dividend (about a 5.1% yield), and carries a consensus analyst target of $13.29.

KKM Financial LLC raised its stake in Ford Motor Company (NYSE:F - Free Report) by 33.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 383,294 shares of the auto manufacturer's stock after buying an additional 95,374 shares during the period. Ford Motor makes up about 1.4% of KKM Financial LLC's investment portfolio, making the stock its 27th largest holding. KKM Financial LLC's holdings in Ford Motor were worth $4,584,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in F. Swiss National Bank grew its holdings in shares of Ford Motor by 7.4% during the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer's stock valued at $128,279,000 after acquiring an additional 813,800 shares in the last quarter. Caprock Group LLC bought a new position in Ford Motor in the 3rd quarter worth $893,000. Versor Investments LP acquired a new position in shares of Ford Motor during the 3rd quarter worth about $2,187,000. Quantbot Technologies LP boosted its position in shares of Ford Motor by 91.6% in the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer's stock valued at $2,148,000 after acquiring an additional 85,848 shares during the period. Finally, National Pension Service grew its position in Ford Motor by 6.7% in the 3rd quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer's stock worth $96,865,000 after purchasing an additional 510,426 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ford Motor

In related news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the purchase, 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.48% of the company's stock.

Ford Motor Trading Down 3.1%

Shares of Ford Motor stock opened at $11.67 on Monday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The firm has a 50-day moving average of $13.56 and a 200-day moving average of $12.94. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $14.80. The stock has a market cap of $46.54 billion, a PE ratio of -5.66, a PEG ratio of 0.27 and a beta of 1.65.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor's payout ratio is presently -29.13%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley lifted their price objective on Ford Motor from $11.00 to $14.00 and gave the company an "equal weight" rating in a report on Monday, December 8th. TD Cowen boosted their target price on Ford Motor from $13.00 to $15.00 and gave the stock a "hold" rating in a research report on Tuesday, January 13th. Barclays lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "equal weight" rating in a report on Friday, January 23rd. Zacks Research upgraded shares of Ford Motor from a "hold" rating to a "strong-buy" rating in a report on Monday, January 12th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $13.29.

About Ford Motor

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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