Tyche Wealth Partners LLC Invests $160,000 in Ford Motor (NYSE:F)

Tyche Wealth Partners LLC purchased a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel reports. The fund purchased 13,093 shares of the auto manufacturer’s stock, valued at approximately $160,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its stake in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares during the period. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the 3rd quarter worth $27,000. Quarry LP acquired a new position in Ford Motor in the 2nd quarter worth $28,000. Peoples Bank KS acquired a new position in Ford Motor in the 3rd quarter worth $29,000. Finally, Fairfield Bush & CO. acquired a new position in Ford Motor in the 2nd quarter worth $29,000. 58.74% of the stock is owned by institutional investors.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

F has been the subject of a number of recent research reports. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research note on Wednesday, January 17th. Morgan Stanley increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. 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 objective for the company. Redburn Atlantic initiated coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Finally, Barclays increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. One equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.82.

Ford Motor Stock Up 0.2 %

Shares of F stock opened at $12.07 on Friday. The stock has a market cap of $47.94 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.95 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The firm’s 50-day moving average is $12.60 and its 200-day moving average is $11.76.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The firm had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. Sell-side analysts predict that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Ford Motor Company 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.