Exchange Traded Concepts LLC Grows Stock Position in Ford Motor Company $F

Exchange Traded Concepts LLC increased its stake in shares of Ford Motor Company (NYSE:F) by 26.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 733,784 shares of the auto manufacturer’s stock after purchasing an additional 152,077 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Ford Motor were worth $9,627,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC grew its position in shares of Ford Motor by 30.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 69,014 shares of the auto manufacturer’s stock worth $905,000 after buying an additional 16,033 shares in the last quarter. KMG Fiduciary Partners LLC raised its holdings in Ford Motor by 82.6% in the fourth quarter. KMG Fiduciary Partners LLC now owns 131,062 shares of the auto manufacturer’s stock valued at $1,720,000 after acquiring an additional 59,290 shares in the last quarter. Accurate Wealth Management LLC raised its holdings in Ford Motor by 9.6% in the fourth quarter. Accurate Wealth Management LLC now owns 24,661 shares of the auto manufacturer’s stock valued at $350,000 after acquiring an additional 2,151 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in Ford Motor by 5.0% in the fourth quarter. Capital Investment Advisors LLC now owns 67,318 shares of the auto manufacturer’s stock worth $883,000 after acquiring an additional 3,206 shares during the last quarter. Finally, Dakota Wealth Management purchased a new position in Ford Motor in the fourth quarter worth approximately $146,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the purchase, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Ford Motor Trading Down 0.3%

NYSE:F opened at $11.34 on Monday. The company has a market capitalization of $45.23 billion, a PE ratio of -5.50, a P/E/G ratio of 0.26 and a beta of 1.65. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $14.80. The stock’s 50 day moving average price is $13.12 and its 200 day moving average price is $12.94. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. On average, research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 5.3%. Ford Motor’s dividend payout ratio is -29.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on F shares. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $11.00 to $16.00 in a research report on Thursday, January 8th. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. HSBC increased their target price on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. Finally, Bank of America started coverage on Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.29.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.