CVA Family Office LLC Makes New Investment in Ford Motor (NYSE:F)

CVA Family Office LLC purchased a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,559 shares of the auto manufacturer’s stock, valued at approximately $56,000.

Several other institutional investors and hedge funds have also modified their holdings of F. RB Capital Management LLC boosted its stake in shares of Ford Motor by 14.6% during the 1st 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 last quarter. Fairfield Bush & CO. purchased a new position in shares of Ford Motor during the 1st quarter valued at $37,000. Synovus Financial Corp lifted its stake in shares of Ford Motor by 275.4% during the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after buying an additional 81,783 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after buying an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after buying an additional 16,498 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on F. Redburn Atlantic began coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Citigroup lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Piper Sandler assumed coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. HSBC assumed coverage on shares of Ford Motor in a research note on Monday, December 4th. They issued a “hold” rating and a $11.30 price target on the stock. Finally, Morgan Stanley boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and a consensus target price of $13.75.

Ford Motor Stock Performance

Ford Motor stock opened at $13.07 on Thursday. The company’s 50-day moving average price is $12.16 and its 200-day moving average price is $11.69. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The company has a market cap of $51.94 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 1.03 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. During the same period in the previous year, the firm posted $0.51 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. On average, equities research analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.80% of the stock is currently owned by insiders.

Ford Motor Company 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.