AM Investment Strategies LLC Has $134,000 Stock Holdings in Ford Motor (NYSE:F)

AM Investment Strategies LLC lowered its position in shares of Ford Motor (NYSE:F) by 42.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,012 shares of the auto manufacturer’s stock after selling 8,232 shares during the period. AM Investment Strategies LLC’s holdings in Ford Motor were worth $134,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. Charles Schwab Investment Management Inc. raised its stake 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 valued at $1,085,406,000 after purchasing an additional 2,657,650 shares in the last quarter. Northern Trust Corp raised its stake 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 valued at $473,312,000 after purchasing an additional 1,392,408 shares in the last quarter. LSV Asset Management raised its stake in Ford Motor by 3.9% in the third quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock valued at $251,359,000 after purchasing an additional 751,500 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 21.6% in the third 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 stake in Ford Motor by 2.0% in the third quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer’s stock valued at $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.

Insider Activity

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following 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 filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

F has been the topic of a number of recent analyst reports. Redburn Atlantic initiated coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. Royal Bank of Canada raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday. Piper Sandler initiated coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price target for the company. Citigroup raised their price target 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. Finally, Morgan Stanley raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Stock Up 0.7 %

NYSE:F traded up $0.09 during trading hours on Thursday, reaching $13.04. The company had a trading volume of 86,466,150 shares, compared to its average volume of 54,293,906. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The firm has a market cap of $51.82 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 1.02 and a beta of 1.63. The business’s 50-day simple moving average is $12.61 and its two-hundred day simple moving average is $11.79. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The firm had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the company earned $0.63 earnings per share. On average, equities analysts expect that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio is currently 55.56%.

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.