Signature Financial Management Inc. Has $263,000 Holdings in Ford Motor Company (F)
Signature Financial Management Inc. raised its holdings in Ford Motor Company (NYSE:F) by 25.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,970 shares of the auto manufacturer’s stock after buying an additional 4,401 shares during the quarter. Signature Financial Management Inc.’s holdings in Ford Motor were worth $263,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in F. Archford Capital Strategies LLC lifted its position in Ford Motor by 7.8% during the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after buying an additional 676 shares in the last quarter. Captrust Financial Advisors acquired a new position in Ford Motor during the 2nd quarter worth about $106,000. Balentine LLC lifted its position in Ford Motor by 4.0% during the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 365 shares in the last quarter. FNY Managed Accounts LLC lifted its position in Ford Motor by 0.3% during the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after buying an additional 34 shares in the last quarter. Finally, Kelman Lazarov Inc. acquired a new position in Ford Motor during the 2nd quarter worth about $116,000. 53.78% of the stock is currently owned by hedge funds and other institutional investors.
In related news, insider Steven R. Armstrong sold 22,076 shares of the stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 156,076 shares of company stock valued at $1,836,680. 1.08% of the stock is owned by company insiders.
Shares of Ford Motor Company (F) traded up $0.21 during mid-day trading on Monday, hitting $12.79. The stock had a trading volume of 9,415,307 shares, compared to its average volume of 37,715,746. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. The company has a market cap of $49,971.56, a PE ratio of 7.49, a PEG ratio of 0.65 and a beta of 1.24. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. The company had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. Ford Motor’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 EPS. analysts anticipate that Ford Motor Company will post 1.81 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, October 23rd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.69%. Ford Motor’s payout ratio is 54.55%.
Several brokerages recently issued reports on F. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday. Morgan Stanley reiterated an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Zacks Investment Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. Goldman Sachs Group restated a “hold” rating on shares of Ford Motor in a research report on Monday, October 30th. Finally, Citigroup upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Ford Motor presently has an average rating of “Hold” and a consensus price target of $12.61.
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About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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