Ford Motor (NYSE:F) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. trimmed its holdings in shares of Ford Motor (NYSE:F) by 68.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,569 shares of the auto manufacturer’s stock after selling 41,529 shares during the period. Koshinski Asset Management Inc.’s holdings in Ford Motor were worth $239,000 at the end of the most recent reporting period.

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

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.40% of the stock is owned by corporate insiders.

Ford Motor Trading Down 1.1 %

Shares of NYSE F opened at $12.09 on Wednesday. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The firm has a market capitalization of $48.04 billion, a PE ratio of 11.19, a PEG ratio of 1.00 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The business has a 50-day moving average price of $12.63 and a two-hundred day moving average price of $11.76.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.17. The business 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 period in the previous year, the company earned $0.51 EPS. As a group, analysts predict that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Analyst Ratings Changes

F has been the topic of a number of research analyst reports. Morgan Stanley lifted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research note on Wednesday, January 17th. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Piper Sandler started coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has a consensus 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.