Kendall Capital Management Acquires 44,015 Shares of Ford Motor Company $F

Kendall Capital Management grew its holdings in shares of Ford Motor Company (NYSE:F) by 84.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 96,185 shares of the auto manufacturer’s stock after acquiring an additional 44,015 shares during the quarter. Kendall Capital Management’s holdings in Ford Motor were worth $1,262,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Corsicana & Co. bought a new stake in Ford Motor during the third quarter worth approximately $25,000. Grove Bank & Trust raised its position in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares during the period. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at approximately $26,000. Capital A Wealth Management LLC lifted its stake in shares of Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 2,279 shares during the last quarter. Finally, Johnson Financial Group Inc. boosted its holdings in shares of Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the period. Institutional investors own 58.74% of the company’s stock.

Insider Activity

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on F shares. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Morgan Stanley lifted their price target on shares of Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, December 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Finally, Bank of America initiated coverage on shares of Ford Motor in a research report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $13.22.

Ford Motor Trading Down 0.8%

NYSE F opened at $11.59 on Friday. The stock has a market cap of $46.22 billion, a PE ratio of -5.62, a PEG ratio of 0.27 and a beta of 1.70. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.80. The company’s 50-day moving average price is $12.95 and its 200-day moving average price is $12.92. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share 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 analyst estimates of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s payout ratio is currently -29.13%.

Ford Motor Profile

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.