Ford Motor Company $F Shares Sold by KCM Investment Advisors LLC

KCM Investment Advisors LLC reduced its position in shares of Ford Motor Company (NYSE:F) by 32.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 18,683 shares of the auto manufacturer’s stock after selling 8,995 shares during the period. KCM Investment Advisors LLC’s holdings in Ford Motor were worth $203,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Trust Co. of Toledo NA OH purchased a new stake in Ford Motor during the 2nd quarter worth about $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Ford Motor during the 2nd quarter worth about $30,000. WPG Advisers LLC purchased a new stake in Ford Motor during the first quarter worth approximately $33,000. Rise Advisors LLC boosted its holdings in Ford Motor by 316.5% in the first quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,510 shares in the last quarter. Finally, AlphaQuest LLC increased its stake in Ford Motor by 1,018.5% in the second quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,811 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.7%

Shares of NYSE:F opened at $13.21 on Monday. The stock has a market cap of $52.65 billion, a P/E ratio of 11.39, a P/E/G ratio of 4.03 and a beta of 1.60. The firm has a fifty day moving average price of $12.14 and a 200 day moving average price of $11.34. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $13.97.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The company had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. During the same period in the previous year, the business posted $0.49 earnings per share. Ford Motor’s quarterly revenue was up 9.4% on a year-over-year basis. Sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

Wall Street Analysts Forecast Growth

F has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Piper Sandler lifted their price target on shares of Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and boosted their price target for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Wells Fargo & Company raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Friday, October 24th. Finally, Royal Bank Of Canada lifted their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $11.73.

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.