Kapstone Financial Advisors LLC Reduces Position in Ford Motor (NYSE:F)

Kapstone Financial Advisors LLC lowered its position in Ford Motor (NYSE:F) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,291 shares of the auto manufacturer’s stock after selling 1,750 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in Ford Motor were worth $366,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Asset Management One Co. Ltd. lifted its position in Ford Motor by 1.5% in the third quarter. Asset Management One Co. Ltd. now owns 1,568,885 shares of the auto manufacturer’s stock valued at $19,486,000 after buying an additional 23,898 shares during the last quarter. Handelsbanken Fonder AB lifted its position in Ford Motor by 5.6% in the third quarter. Handelsbanken Fonder AB now owns 894,952 shares of the auto manufacturer’s stock valued at $11,115,000 after buying an additional 47,486 shares during the last quarter. Arthur M. Cohen & Associates LLC lifted its position in Ford Motor by 11.2% in the third quarter. Arthur M. Cohen & Associates LLC now owns 26,242 shares of the auto manufacturer’s stock valued at $326,000 after buying an additional 2,645 shares during the last quarter. My Legacy Advisors LLC lifted its position in shares of Ford Motor by 39.5% during the third quarter. My Legacy Advisors LLC now owns 43,880 shares of the auto manufacturer’s stock worth $506,000 after purchasing an additional 12,416 shares in the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in shares of Ford Motor by 16.4% during the third quarter. Atlantic Union Bankshares Corp now owns 77,352 shares of the auto manufacturer’s stock worth $961,000 after purchasing an additional 10,889 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the topic of several research reports. Barclays increased their price target on shares of 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 assumed coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target on the stock. Citigroup raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Royal Bank of Canada raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Stock Performance

Shares of F traded down $0.25 during mid-day trading on Friday, reaching $12.79. 57,257,796 shares of the company’s stock were exchanged, compared to its average volume of 50,407,576. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 1.04. The business’s fifty day simple moving average is $12.62 and its 200-day simple moving average is $11.79. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The stock has a market capitalization of $50.82 billion, a PE ratio of 13.19, a price-to-earnings-growth ratio of 0.99 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $42.93 billion. During the same period last year, the company earned $0.63 earnings per share. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, equities research analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

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

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction 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 completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.80% of the stock is owned by corporate insiders.

About Ford Motor

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.