Raymond James Financial Services Advisors Inc. Has $21.98 Million Holdings in Ford Motor (NYSE:F)

Raymond James Financial Services Advisors Inc. lowered its position in shares of Ford Motor (NYSE:F - Free Report) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,803,408 shares of the auto manufacturer's stock after selling 337,244 shares during the quarter. Raymond James Financial Services Advisors Inc.'s holdings in Ford Motor were worth $21,984,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in F. RB Capital Management LLC raised its holdings in shares of Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer's stock valued at $462,000 after acquiring an additional 3,477 shares during the last quarter. Fairfield Bush & CO. acquired a new stake in shares of Ford Motor in the first quarter valued at approximately $37,000. Synovus Financial Corp increased its holdings in shares of Ford Motor by 275.4% in the first quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer's stock valued at $1,886,000 after purchasing an additional 81,783 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of Ford Motor by 17.3% in the first quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer's stock valued at $5,509,000 after purchasing an additional 47,959 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Ford Motor by 3.0% in the first quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer's stock valued at $9,537,000 after purchasing an additional 16,498 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Up 1.7 %

NYSE:F traded up $0.22 during midday trading on Friday, reaching $13.28. The company had a trading volume of 61,846,366 shares, compared to its average volume of 50,385,792. The firm has a market capitalization of $52.77 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.04 and a beta of 1.63. The stock's fifty day simple moving average is $12.24 and its 200-day simple moving average is $11.71. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same period last year, the business posted $0.51 earnings per share. Ford Motor's revenue was up 3.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor's dividend payout ratio (DPR) is currently 55.56%.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company's stock, valued at approximately $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

F has been the subject of several recent research reports. Barclays increased their price target on Ford Motor from $14.00 to $15.00 and gave the company an "overweight" rating in a report on Thursday, February 8th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. Piper Sandler began coverage on Ford Motor in a research note on Friday, March 15th. They set a "neutral" rating and a $13.00 target price for the company. Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They set a "sell" rating and a $10.00 target price for the company. Finally, HSBC began coverage on Ford Motor in a research note on Monday, December 4th. They set a "hold" rating and a $11.30 target price for the company. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $13.75.

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.