Paradigm Capital Management LLC NV Sells 25,119 Shares of Ford Motor Company $F

Key Points

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Paradigm Capital Management LLC NV lessened its position in Ford Motor Company (NYSE:F - Free Report) by 59.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,281 shares of the auto manufacturer's stock after selling 25,119 shares during the quarter. Paradigm Capital Management LLC NV's holdings in Ford Motor were worth $173,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust lifted its holdings in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares during the last quarter. Elite Financial Inc. bought a new stake in shares of Ford Motor in the 1st quarter worth about $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth about $30,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Ford Motor in the 4th quarter worth about $31,000. Institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Jefferies Financial Group lifted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the company an "underperform" rating in a report on Monday, August 11th. JPMorgan Chase & Co. lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a report on Monday, July 21st. Finally, Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $10.53.

Insider Activity

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is currently owned by insiders.

Ford Motor Stock Up 0.2%

Shares of Ford Motor stock opened at $11.46 on Tuesday. The firm's 50 day moving average price is $11.15 and its 200-day moving average price is $10.31. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $11.97. The company has a market cap of $45.61 billion, a P/E ratio of 14.69, a PEG ratio of 3.30 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter in the previous year, the firm earned $0.47 EPS. The company's quarterly revenue was up 5.0% compared to the same quarter last year. On average, sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%. Ford Motor's payout ratio is presently 76.92%.

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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