Ford Motor Company (NYSE:F) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 52.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 469,431 shares of the auto manufacturer's stock after selling 520,843 shares during the quarter. Janney Montgomery Scott LLC's holdings in Ford Motor were worth $4,708,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NCP Inc. grew its position in shares of Ford Motor by 62.0% in the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock worth $738,000 after acquiring an additional 28,528 shares in the last quarter. Tounjian Advisory Partners LLC bought a new stake in shares of Ford Motor in the 1st quarter worth $974,000. Wernau Asset Management Inc. bought a new stake in shares of Ford Motor in the 4th quarter worth $344,000. Versor Investments LP raised its stake in shares of Ford Motor by 846.6% in the 4th quarter. Versor Investments LP now owns 111,700 shares of the auto manufacturer's stock worth $1,106,000 after buying an additional 99,900 shares in the last quarter. Finally, APG Asset Management N.V. acquired a new stake in shares of Ford Motor during the fourth quarter worth $20,408,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Citigroup lifted their price target on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Barclays boosted their price target on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group boosted their price target on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Piper Sandler boosted their price objective on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Finally, TD Cowen started coverage on Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price target for the company. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Stock Up 1.4%

Shares of F opened at $10.57 on Monday. The firm has a market capitalization of $42.04 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 0.90 and a beta of 1.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The business's fifty day moving average price is $10.25 and its two-hundred day moving average price is $9.95. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same period last year, the company earned $0.49 EPS. The firm's revenue was down 6.2% on a year-over-year basis. On average, analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's payout ratio is presently 48.00%.

Ford Motor 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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