InterOcean Capital LLC lessened its stake in shares of Ford Motor (NYSE:F) by 5.5% during the first quarter, Holdings Channel.com reports. The firm owned 37,849 shares of the auto manufacturer’s stock after selling 2,189 shares during the period. InterOcean Capital LLC’s holdings in Ford Motor were worth $183,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. CFM Wealth Partners LLC bought a new position in shares of Ford Motor in the 4th quarter worth $25,000. Engrave Wealth Partners LLC acquired a new position in Ford Motor during the fourth quarter worth $25,000. Howard Wealth Management LLC bought a new position in shares of Ford Motor in the fourth quarter valued at $27,000. Stonebridge Financial Planning Group LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $27,000. Finally, S.A. Mason LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $30,000. Institutional investors own 51.41% of the company’s stock.
In other news, Director John C. Lechleiter acquired 10,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average cost of $5.10 per share, for a total transaction of $51,000.00. Following the purchase, the director now owns 110,000 shares of the company’s stock, valued at approximately $561,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO James D. Farley, Jr. acquired 194,950 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $5.13 per share, for a total transaction of $1,000,093.50. Following the completion of the acquisition, the chief operating officer now owns 828,922 shares of the company’s stock, valued at $4,252,369.86. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 214,950 shares of company stock valued at $1,104,694. 0.91% of the stock is currently owned by company insiders.
Shares of NYSE:F traded up $0.02 during midday trading on Friday, reaching $5.65. The company had a trading volume of 76,599,884 shares, compared to its average volume of 91,698,552. The company’s 50 day moving average price is $4.98 and its 200 day moving average price is $7.39. The company has a current ratio of 1.32, a quick ratio of 1.20 and a debt-to-equity ratio of 3.85. The stock has a market cap of $22.39 billion, a P/E ratio of 10.24 and a beta of 1.27. Ford Motor has a 52-week low of $3.96 and a 52-week high of $10.56.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.13). The company had revenue of $34.32 billion for the quarter, compared to analysts’ expectations of $31.73 billion. Ford Motor had a positive return on equity of 6.54% and a negative net margin of 2.06%. The business’s quarterly revenue was down 14.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.07) EPS. Research analysts forecast that Ford Motor will post -1.44 EPS for the current fiscal year.
Several equities analysts recently weighed in on F shares. DZ Bank cut shares of Ford Motor from a “buy” rating to a “sell” rating and set a $7.25 price target on the stock. in a research report on Friday, February 7th. TheStreet lowered Ford Motor from a “c-” rating to a “d” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $13.00 to $4.30 in a research note on Tuesday, March 24th. Finally, Zacks Investment Research downgraded shares of Ford Motor from a “hold” rating to a “sell” rating and set a $4.25 price objective on the stock. in a report on Tuesday, March 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. Ford Motor presently has an average rating of “Hold” and an average price target of $7.49.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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