Ford Motor (NYSE:F) Shares Sold by Argyle Capital Management Inc.

Argyle Capital Management Inc. reduced its holdings in Ford Motor (NYSE:F) by 29.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,067 shares of the auto manufacturer’s stock after selling 41,300 shares during the quarter. Argyle Capital Management Inc.’s holdings in Ford Motor were worth $1,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 3.1% during 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 acquiring an additional 2,657,650 shares during the last quarter. Northern Trust Corp increased its stake in Ford Motor by 3.8% during 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 during the last quarter. LSV Asset Management increased its stake in Ford Motor by 3.9% during the third quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock worth $251,359,000 after acquiring an additional 751,500 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 21.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock worth $153,421,000 after acquiring an additional 2,190,915 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in Ford Motor by 2.0% during the third quarter. California Public Employees Retirement System now owns 7,482,678 shares of the auto manufacturer’s stock worth $92,935,000 after acquiring an additional 150,117 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ford Motor

In other Ford Motor 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 value of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of several analyst reports. Barclays upped their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Piper Sandler initiated coverage on shares of Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. UBS Group raised their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday. Redburn Atlantic initiated coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Finally, Citigroup lifted their target price on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.02.

Ford Motor Trading Down 1.9 %

Shares of Ford Motor stock traded down $0.25 on Friday, reaching $12.79. 57,257,796 shares of the company were exchanged, compared to its average volume of 50,407,576. The stock has a fifty day moving average price of $12.62 and a 200-day moving average price of $11.78. The firm has a market capitalization of $50.82 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 0.99 and a beta of 1.63. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 2.32. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, analysts expect that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.69%. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

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.