RFG Advisory LLC Sells 54,452 Shares of Ford Motor (NYSE:F)

RFG Advisory LLC reduced its position in shares of Ford Motor (NYSE:F) by 66.2% in the 4th quarter, HoldingsChannel reports. The firm owned 27,853 shares of the auto manufacturer’s stock after selling 54,452 shares during the period. RFG Advisory LLC’s holdings in Ford Motor were worth $340,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC bought a new position in shares of Ford Motor in the third quarter worth about $27,000. Quarry LP bought a new position in shares of Ford Motor in the second quarter worth about $28,000. Peoples Bank KS bought a new position in shares of Ford Motor in the third quarter worth about $29,000. Finally, Fairfield Bush & CO. acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $29,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of F opened at $12.62 on Friday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The firm’s 50 day moving average price is $12.62 and its two-hundred day moving average price is $11.77. The firm has a market cap of $50.15 billion, a P/E ratio of 11.69, a PEG ratio of 1.03 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating 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 analyst estimates of $43.06 billion. During the same quarter in the previous year, the firm posted $0.51 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. On average, analysts forecast that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Redburn Atlantic assumed coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target for the company. Morgan Stanley lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Citigroup lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. Finally, Barclays lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $13.82.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.80% of the company’s stock.

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.