CKW Financial Group Continues to Hold Position in Ford Motor Company (F)

CKW Financial Group maintained its position in Ford Motor Company (NYSE:F) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,600 shares of the auto manufacturer’s stock at the end of the first quarter. CKW Financial Group’s holdings in Ford Motor Company were worth $112,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in F. Puplava Financial Services Inc. acquired a new position in shares of Ford Motor Company during the first quarter worth about $116,000. Teza Capital Management LLC purchased a new stake in Ford Motor Company during the fourth quarter worth $124,000. TNB Financial purchased a new stake in Ford Motor Company during the first quarter worth $119,000. GFS Advisors LLC bought a new stake in shares of Ford Motor Company during the first quarter valued at approximately $121,000. Finally, Polaris Greystone Financial Group LLC increased its stake in shares of Ford Motor Company by 3.0% in the first quarter. Polaris Greystone Financial Group LLC now owns 10,692 shares of the auto manufacturer’s stock valued at $124,000 after buying an additional 313 shares during the period. Institutional investors and hedge funds own 55.61% of the company’s stock.

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

Ford Motor Company (F) opened at 11.22 on Friday. Ford Motor Company has a 12-month low of $10.67 and a 12-month high of $14.04. The firm has a 50-day moving average price of $11.10 and a 200-day moving average price of $11.96. The company has a market cap of $44.68 billion, a P/E ratio of 11.95 and a beta of 1.03.

Ford Motor Company (NYSE:F) last released its quarterly earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. Ford Motor Company had a return on equity of 19.36% and a net margin of 2.48%. The company had revenue of $36.48 billion during the quarter, compared to analysts’ expectations of $34.62 billion. During the same quarter in the prior year, the firm posted $0.68 EPS. Ford Motor Company’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, analysts forecast that Ford Motor Company will post $1.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Thursday, April 20th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, April 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.35%. Ford Motor Company’s payout ratio is currently 64.52%.

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Several analysts recently issued reports on the stock. Tigress Financial reissued a “buy” rating on shares of Ford Motor Company in a research report on Thursday, March 30th. Vetr cut Ford Motor Company from a “strong-buy” rating to a “buy” rating and set a $14.16 price objective on the stock. in a research note on Monday, February 27th. Royal Bank Of Canada restated a “buy” rating and set a $14.00 price objective on shares of Ford Motor Company in a research note on Monday, May 15th. Nomura reiterated a “buy” rating and set a $14.80 target price on shares of Ford Motor Company in a research note on Tuesday, May 2nd. Finally, Bank of America Corporation reiterated a “buy” rating and set a $12.50 target price (down from $14.00) on shares of Ford Motor Company in a research note on Friday. Two analysts have rated the stock with a sell rating, nine have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $13.50.

In related news, Chairman William Clay Ford, Jr. purchased 171,379 shares of the company’s stock in a transaction dated Friday, March 24th. The stock was acquired at an average cost of $11.67 per share, for a total transaction of $1,999,992.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the transaction, the insider now owns 428,411 shares of the company’s stock, valued at $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is owned by corporate insiders.

About Ford Motor Company

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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