SageView Advisory Group LLC Buys 20,726 Shares of Ford Motor (NYSE:F)

SageView Advisory Group LLC lifted its stake in Ford Motor (NYSE:F) by 42.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,882 shares of the auto manufacturer’s stock after acquiring an additional 20,726 shares during the period. SageView Advisory Group LLC’s holdings in Ford Motor were worth $823,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. WealthPlan Investment Management LLC increased its position in Ford Motor by 3,040.8% during the 3rd quarter. WealthPlan Investment Management LLC now owns 21,797 shares of the auto manufacturer’s stock valued at $271,000 after buying an additional 21,103 shares in the last quarter. Signaturefd LLC increased its position in Ford Motor by 6.8% during the 3rd quarter. Signaturefd LLC now owns 50,687 shares of the auto manufacturer’s stock valued at $630,000 after buying an additional 3,230 shares in the last quarter. Empower Advisory Group LLC increased its position in Ford Motor by 6.5% during the 3rd quarter. Empower Advisory Group LLC now owns 16,910 shares of the auto manufacturer’s stock valued at $210,000 after buying an additional 1,037 shares in the last quarter. Ieq Capital LLC increased its position in Ford Motor by 1.0% during the 3rd quarter. Ieq Capital LLC now owns 145,037 shares of the auto manufacturer’s stock valued at $1,801,000 after buying an additional 1,454 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its position in Ford Motor by 216.7% during the 3rd quarter. Los Angeles Capital Management LLC now owns 65,185 shares of the auto manufacturer’s stock valued at $810,000 after buying an additional 44,601 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The disclosure for this sale can be found here. Company insiders own 0.80% of the company’s stock.

Ford Motor Stock Performance

Shares of F traded up $0.05 during mid-day trading on Friday, reaching $12.16. The company had a trading volume of 40,840,448 shares, compared to its average volume of 43,966,092. The stock has a market capitalization of $48.55 billion, a P/E ratio of 12.54, a PEG ratio of 0.80 and a beta of 1.61. The stock has a 50 day moving average of $12.62 and a two-hundred day moving average of $11.96. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. Ford Motor’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.63 earnings per share. On average, analysts expect that Ford Motor will post 1.97 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be given a $0.15 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analyst Ratings Changes

F has been the topic of several recent analyst reports. UBS Group upped their target price on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday. They issued an “outperform” rating and a $16.00 price objective on the stock. Morgan Stanley increased their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Citigroup increased their price objective on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Piper Sandler started coverage on Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.89.

About Ford Motor

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.