Ford Motor (NYSE:F) Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lessened its stake in shares of Ford Motor (NYSE:F - Free Report) by 55.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,364 shares of the auto manufacturer's stock after selling 130,696 shares during the quarter. KMG Fiduciary Partners LLC's holdings in Ford Motor were worth $1,047,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new stake in shares of Ford Motor during the fourth quarter worth about $116,000. Retirement Systems of Alabama increased its position in shares of Ford Motor by 0.6% during the fourth quarter. Retirement Systems of Alabama now owns 845,126 shares of the auto manufacturer's stock worth $8,367,000 after acquiring an additional 5,057 shares during the last quarter. Financial Advocates Investment Management increased its position in shares of Ford Motor by 17.6% during the fourth quarter. Financial Advocates Investment Management now owns 52,311 shares of the auto manufacturer's stock worth $518,000 after acquiring an additional 7,824 shares during the last quarter. Silver Oak Securities Incorporated increased its position in shares of Ford Motor by 36.7% during the fourth quarter. Silver Oak Securities Incorporated now owns 40,912 shares of the auto manufacturer's stock worth $404,000 after acquiring an additional 10,987 shares during the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new stake in shares of Ford Motor during the fourth quarter worth about $158,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Up 1.6%

NYSE:F opened at $10.26 on Monday. The firm has a market capitalization of $40.80 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 0.61 and a beta of 1.50. The stock has a 50 day moving average of $10.01 and a 200-day moving average of $9.99. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business's revenue was down 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. Analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.85%. Ford Motor's dividend payout ratio is presently 48.00%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group dropped their target price on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Piper Sandler boosted their price objective on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a report on Thursday, May 22nd. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Finally, Citigroup boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $10.03.

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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