Moors & Cabot Inc. Trims Position in Ford Motor (F)

Moors & Cabot Inc. cut its position in shares of Ford Motor (NYSE:F) by 14.1% in the 1st quarter, Holdings Channel reports. The firm owned 49,081 shares of the auto manufacturer’s stock after selling 8,050 shares during the period. Moors & Cabot Inc.’s holdings in Ford Motor were worth $434,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. First Hawaiian Bank raised its position in Ford Motor by 66.9% in the 4th quarter. First Hawaiian Bank now owns 14,347 shares of the auto manufacturer’s stock valued at $110,000 after purchasing an additional 5,751 shares in the last quarter. Personal Capital Advisors Corp acquired a new stake in Ford Motor in the 4th quarter valued at about $92,000. Quadrant Capital Group LLC raised its position in Ford Motor by 45.5% in the 4th quarter. Quadrant Capital Group LLC now owns 12,125 shares of the auto manufacturer’s stock valued at $87,000 after purchasing an additional 3,794 shares in the last quarter. Nachman Norwood & Parrott Inc acquired a new stake in Ford Motor in the 4th quarter valued at about $89,000. Finally, Landsberg Bennett & Dubbaneh LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $119,000. 52.77% of the stock is owned by institutional investors.

NYSE:F opened at $10.29 on Monday. The company has a market cap of $40.89 billion, a P/E ratio of 7.92, a PEG ratio of 1.02 and a beta of 1.12. The company has a current ratio of 1.22, a quick ratio of 1.10 and a debt-to-equity ratio of 2.82. Ford Motor has a 52-week low of $7.41 and a 52-week high of $12.15.

Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.18. The firm had revenue of $40.34 billion for the quarter, compared to the consensus estimate of $37.37 billion. Ford Motor had a return on equity of 14.41% and a net margin of 1.94%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.43 EPS. On average, research analysts expect that Ford Motor will post 1.38 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, April 24th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.60 annualized dividend and a dividend yield of 5.83%. Ford Motor’s dividend payout ratio (DPR) is currently 46.15%.

Several equities research analysts have recently weighed in on the company. Jefferies Financial Group raised Ford Motor to a “buy” rating and raised their target price for the stock from $11.00 to $12.50 in a research report on Tuesday, April 30th. ValuEngine lowered Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 7th. TheStreet raised Ford Motor from a “c” rating to a “b-” rating in a research report on Thursday, April 25th. Nomura lowered Ford Motor from a “neutral” rating to a “reduce” rating and cut their target price for the stock from $8.20 to $7.50 in a research report on Friday, April 5th. Finally, Bank of America raised Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $13.00 to $14.00 in a research report on Friday, May 10th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $10.48.

In related news, Director John C. Lechleiter bought 10,000 shares of the stock in a transaction on Friday, May 10th. The shares were bought at an average cost of $10.32 per share, for a total transaction of $103,200.00. Following the purchase, the director now owns 55,000 shares of the company’s stock, valued at approximately $567,600. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Catherine A. O’callaghan sold 53,000 shares of Ford Motor stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $10.33, for a total value of $547,490.00. Following the completion of the transaction, the vice president now owns 48,275 shares in the company, valued at $498,680.75. The disclosure for this sale can be found here. Company insiders own 0.83% of the company’s stock.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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