Zhang Financial LLC Purchases 2,007 Shares of Ford Motor (NYSE:F)

Zhang Financial LLC grew its position in shares of Ford Motor (NYSE:F) by 1.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,955 shares of the auto manufacturer’s stock after buying an additional 2,007 shares during the quarter. Zhang Financial LLC’s holdings in Ford Motor were worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. RB Capital Management LLC raised its holdings in Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after purchasing an additional 3,477 shares during the period. Fairfield Bush & CO. purchased a new stake in Ford Motor in the 1st quarter worth $37,000. Synovus Financial Corp increased its stake in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock worth $1,886,000 after buying an additional 81,783 shares in the last quarter. Blair William & Co. IL increased its stake in Ford Motor by 17.3% in the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock worth $5,509,000 after buying an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in Ford Motor by 3.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after buying an additional 16,498 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Up 0.4 %

F traded up $0.05 on Friday, hitting $12.11. The company had a trading volume of 23,046,986 shares, compared to its average volume of 52,820,117. The company has a market cap of $48.12 billion, a PE ratio of 11.21, a PEG ratio of 0.95 and a beta of 1.63. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The business’s fifty day simple moving average is $12.60 and its 200 day simple 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 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share. Equities research analysts expect that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

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

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Redburn Atlantic assumed coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. Piper Sandler assumed coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. UBS Group lowered Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research note on Wednesday, January 17th. Citigroup increased their price target on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 7th. 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 has an average rating of “Hold” and a consensus target price of $13.82.

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.