Venture Visionary Partners LLC Reduces Holdings in Ford Motor Company $F

Key Points

• Venture Visionary Partners LLC has reduced its stake in Ford Motor Company by 41.4%, holding 106,681 shares worth approximately $1,070,000 following the sale of 75,511 shares in the 1st quarter.
• The auto manufacturer reported $50.18 billion in revenue and an earnings per share (EPS) of $0.37 for the last quarter, exceeding analysts' estimates.
• Ford Motor recently declared a quarterly dividend of $0.15 per share, resulting in an annual yield of 5.2% and a payout ratio of 76.92%.

Venture Visionary Partners LLC cut its stake in Ford Motor Company (NYSE:F - Free Report) by 41.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,681 shares of the auto manufacturer's stock after selling 75,511 shares during the quarter. Venture Visionary Partners LLC's holdings in Ford Motor were worth $1,070,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Credit Agricole S A lifted its position in Ford Motor by 37.5% in the first quarter. Credit Agricole S A now owns 1,970,498 shares of the auto manufacturer's stock worth $19,764,000 after buying an additional 537,713 shares during the last quarter. Legacy Financial Advisors Inc. lifted its position in Ford Motor by 6.5% in the first quarter. Legacy Financial Advisors Inc. now owns 50,690 shares of the auto manufacturer's stock worth $508,000 after buying an additional 3,081 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its position in Ford Motor by 51.6% in the first quarter. Texas Capital Bank Wealth Management Services Inc now owns 79,510 shares of the auto manufacturer's stock worth $797,000 after buying an additional 27,047 shares during the last quarter. Korea Investment CORP lifted its position in Ford Motor by 10.1% in the first quarter. Korea Investment CORP now owns 1,979,848 shares of the auto manufacturer's stock worth $19,858,000 after buying an additional 180,946 shares during the last quarter. Finally, Cladis Investment Advisory LLC lifted its position in Ford Motor by 7.5% in the first quarter. Cladis Investment Advisory LLC now owns 131,125 shares of the auto manufacturer's stock worth $1,315,000 after buying an additional 9,112 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Insider Transactions at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider owned 113,939 shares in the company, valued at $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is owned by company insiders.

Ford Motor Stock Up 3.5%

F traded up $0.3930 on Friday, hitting $11.7230. The company had a trading volume of 58,490,999 shares, compared to its average volume of 60,942,456. The stock has a fifty day moving average price of $11.22 and a 200-day moving average price of $10.34. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.97. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The stock has a market capitalization of $46.66 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 3.24 and a beta of 1.48.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.1%. The ex-dividend date is Monday, August 11th. Ford Motor's payout ratio is 76.92%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on F. UBS Group raised their price target on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Royal Bank Of Canada lifted their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Piper Sandler lifted their target price on Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research report on Thursday, July 31st. Finally, Jefferies Financial Group lifted their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a research report on Monday, August 11th. Two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus price target of $10.53.

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.