Kingsview Wealth Management LLC Has $1.33 Million Holdings in Ford Motor (NYSE:F)

Kingsview Wealth Management LLC increased its stake in Ford Motor (NYSE:F – Get Rating) by 38.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,135 shares of the auto manufacturer’s stock after buying an additional 33,330 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Ford Motor were worth $1,334,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. RB Capital Management LLC raised its stake in Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after acquiring an additional 3,477 shares during the period. Fairfield Bush & CO. bought a new stake in Ford Motor in the 1st quarter valued at $37,000. Synovus Financial Corp raised its stake in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after acquiring an additional 81,783 shares during the period. Blair William & Co. IL raised its stake in Ford Motor by 17.3% in the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after acquiring an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in Ford Motor by 3.0% in 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 acquiring an additional 16,498 shares during the period. Institutional investors and hedge funds own 49.68% of the company’s stock.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CFO John T. Lawler sold 29,821 shares of the firm’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $13.07, for a total transaction of $389,760.47. Following the sale, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Ford Motor news, CFO John T. Lawler sold 29,821 shares of the firm’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $13.07, for a total transaction of $389,760.47. Following the sale, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ashwani Kumar Galhotra sold 24,850 shares of the firm’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $13.01, for a total value of $323,298.50. Following the sale, the insider now directly owns 511,605 shares in the company, valued at $6,655,981.05. The disclosure for this sale can be found here. Insiders have sold a total of 134,592 shares of company stock valued at $1,740,843 over the last ninety days. 0.71% of the stock is currently owned by company insiders.

Ford Motor Price Performance

NYSE F opened at $11.93 on Wednesday. The company has a market capitalization of $47.56 billion, a PE ratio of -23.39, a price-to-earnings-growth ratio of 1.54 and a beta of 1.53. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.06 and a current ratio of 1.20. The business’s fifty day moving average is $12.76 and its 200 day moving average is $13.02. Ford Motor has a fifty-two week low of $10.61 and a fifty-two week high of $17.80.

Ford Motor (NYSE:F – Get Rating) last released its earnings results on Thursday, February 2nd. The auto manufacturer reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.09). The company had revenue of $41.80 billion for the quarter, compared to analysts’ expectations of $40.73 billion. Ford Motor had a negative net margin of 1.25% and a positive return on equity of 17.45%. Ford Motor’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.26 earnings per share. Sell-side analysts predict that Ford Motor will post 1.51 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Monday, February 13th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 10th. This represents a $0.60 annualized dividend and a yield of 5.03%. Ford Motor’s dividend payout ratio (DPR) is presently -117.65%.

Analysts Set New Price Targets

F has been the subject of a number of research analyst reports. Barclays began coverage on Ford Motor in a report on Tuesday, February 14th. They issued an “equal weight” rating and a $13.00 target price for the company. Deutsche Bank Aktiengesellschaft cut Ford Motor from a “hold” rating to a “sell” rating and cut their price objective for the stock from $13.00 to $11.00 in a report on Friday, February 3rd. Tudor Pickering cut Ford Motor from a “buy” rating to a “hold” rating in a report on Wednesday, February 15th. Benchmark dropped their price objective on Ford Motor from $21.00 to $19.00 and set a “buy” rating for the company in a report on Friday, February 3rd. Finally, Morgan Stanley dropped their price objective on Ford Motor from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, February 6th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $15.53.

About Ford Motor

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Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories.