CVA Family Office LLC Has $58,000 Holdings in Ford Motor (NYSE:F)

CVA Family Office LLC lifted its holdings in Ford Motor (NYSE:F – Get Rating) by 63.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,195 shares of the auto manufacturer’s stock after acquiring an additional 2,015 shares during the quarter. CVA Family Office LLC’s holdings in Ford Motor were worth $58,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of F. IHT Wealth Management LLC raised its position in Ford Motor by 45.9% in the 3rd quarter. IHT Wealth Management LLC now owns 161,215 shares of the auto manufacturer’s stock worth $1,806,000 after purchasing an additional 50,690 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in Ford Motor by 106.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 420,308 shares of the auto manufacturer’s stock worth $4,709,000 after purchasing an additional 217,188 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in Ford Motor in the 3rd quarter worth approximately $9,394,000. Bray Capital Advisors raised its position in Ford Motor by 21.2% in the 3rd quarter. Bray Capital Advisors now owns 12,599 shares of the auto manufacturer’s stock worth $141,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Spotlight Asset Group Inc. bought a new position in Ford Motor in the 3rd quarter worth approximately $131,000. 49.68% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F opened at $11.82 on Friday. The firm has a market cap of $47.12 billion, a PE ratio of -23.18, a PEG ratio of 1.54 and a beta of 1.53. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 2.06. Ford Motor has a 1-year low of $10.61 and a 1-year high of $17.80. The company has a fifty day moving average price of $12.75 and a 200 day moving average price of $13.00.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Stockholders of record on Monday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, February 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.08%. Ford Motor’s dividend payout ratio is -117.65%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Tudor, Pickering, Holt & Co. cut shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Wednesday, February 15th. StockNews.com began coverage on shares of Ford Motor in a research report on Thursday. They set a “hold” rating for the company. Citigroup upped their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Wednesday, November 30th. Deutsche Bank Aktiengesellschaft cut shares of Ford Motor from a “hold” rating to a “sell” rating and dropped their target price for the company from $13.00 to $11.00 in a research report on Friday, February 3rd. Finally, Morgan Stanley dropped their target price on shares of Ford Motor from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Monday, February 6th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.34.

Insider Transactions at Ford Motor

In other news, insider Ashwani Kumar Galhotra sold 24,850 shares of the stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $13.01, for a total transaction of $323,298.50. Following the completion of the transaction, the insider now directly owns 511,605 shares in the company, valued at approximately $6,655,981.05. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Ashwani Kumar Galhotra sold 24,850 shares of the stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $13.01, for a total transaction of $323,298.50. Following the completion of the transaction, the insider now directly owns 511,605 shares in the company, valued at approximately $6,655,981.05. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO James D. Farley, Jr. sold 79,921 shares of the stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $12.86, for a total transaction of $1,027,784.06. Following the transaction, the chief executive officer now owns 1,638,667 shares of the company’s stock, valued at $21,073,257.62. The disclosure for this sale can be found here. Insiders sold a total of 134,592 shares of company stock worth $1,740,843 in the last three months. Insiders own 0.71% of the company’s stock.

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.