Ford Motor (NYSE:F) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its holdings in shares of Ford Motor (NYSE:F - Free Report) by 63.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,137 shares of the auto manufacturer's stock after selling 240,772 shares during the period. Sigma Planning Corp's holdings in Ford Motor were worth $1,684,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer's stock worth $1,085,406,000 after purchasing an additional 2,657,650 shares during the period. Northern Trust Corp raised its position in Ford Motor by 3.8% in the third quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer's stock worth $473,312,000 after acquiring an additional 1,392,408 shares in the last quarter. LSV Asset Management lifted its holdings in Ford Motor by 3.9% in the 3rd quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer's stock valued at $251,359,000 after acquiring an additional 751,500 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in shares of Ford Motor by 21.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer's stock valued at $153,421,000 after purchasing an additional 2,190,915 shares in the last quarter. Finally, California Public Employees Retirement System raised its holdings in shares of Ford Motor by 2.0% in the 3rd quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer's stock worth $92,935,000 after purchasing an additional 150,117 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on F. Piper Sandler initiated coverage on Ford Motor in a research report on Friday, March 15th. They set a "neutral" rating and a $13.00 target price on the stock. Citigroup upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Redburn Atlantic started coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a "sell" rating and a $10.00 target price for the company. Royal Bank of Canada restated a "sector perform" rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. Finally, Morgan Stanley raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $13.82.

Ford Motor Stock Performance

NYSE F traded up $0.74 on Monday, hitting $12.88. 86,300,867 shares of the stock traded hands, compared to its average volume of 53,497,031. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The business's fifty day moving average is $12.59 and its two-hundred day moving average is $11.76. The firm has a market capitalization of $51.18 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.96 and a beta of 1.63.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion during the quarter, compared to the consensus estimate of $43.06 billion. During the same quarter last year, the company earned $0.51 earnings per share. The company's revenue was up 3.5% on a year-over-year basis. As a group, equities analysts anticipate that Ford Motor will post 1.89 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.40% of the company's stock.

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.