Ford Motor Company $F Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC raised its stake in shares of Ford Motor Company (NYSE:F) by 26.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 733,784 shares of the auto manufacturer’s stock after acquiring an additional 152,077 shares during the period. Exchange Traded Concepts LLC’s holdings in Ford Motor were worth $9,627,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in F. Wealthcare Advisory Partners LLC grew its stake in shares of Ford Motor by 30.3% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 69,014 shares of the auto manufacturer’s stock valued at $905,000 after purchasing an additional 16,033 shares during the last quarter. KMG Fiduciary Partners LLC increased its holdings in shares of Ford Motor by 82.6% in the fourth quarter. KMG Fiduciary Partners LLC now owns 131,062 shares of the auto manufacturer’s stock valued at $1,720,000 after purchasing an additional 59,290 shares during the period. Accurate Wealth Management LLC raised its stake in shares of Ford Motor by 9.6% during the fourth quarter. Accurate Wealth Management LLC now owns 24,661 shares of the auto manufacturer’s stock worth $350,000 after purchasing an additional 2,151 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of Ford Motor by 5.0% during the fourth quarter. Capital Investment Advisors LLC now owns 67,318 shares of the auto manufacturer’s stock worth $883,000 after purchasing an additional 3,206 shares during the period. Finally, Dakota Wealth Management acquired a new stake in shares of Ford Motor during the fourth quarter worth $146,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ford Motor

In related news, insider William Clay Ford, Jr. acquired 140,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is owned by company insiders.

Ford Motor Trading Down 0.3%

Shares of F stock opened at $11.34 on Monday. The business’s fifty day moving average price is $13.12 and its 200 day moving average price is $12.94. The firm has a market capitalization of $45.23 billion, a PE ratio of -5.50, a P/E/G ratio of 0.26 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.80.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.Ford Motor’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. As a group, sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 5.3%. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. Morgan Stanley lifted their target price on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Saturday. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.29.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.