Tilt Investment Management Holdings PBC Sells 6,273 Shares of Ford Motor (NYSE:F)

Tilt Investment Management Holdings PBC lowered its position in Ford Motor (NYSE:F) by 28.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,769 shares of the auto manufacturer’s stock after selling 6,273 shares during the quarter. Tilt Investment Management Holdings PBC’s holdings in Ford Motor were worth $192,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meridian Wealth Management LLC increased its stake in Ford Motor by 86.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 657,842 shares of the auto manufacturer’s stock worth $8,170,000 after buying an additional 304,923 shares during the period. Sequoia Financial Advisors LLC increased its stake in Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after buying an additional 44,581 shares during the period. Pearl River Capital LLC increased its stake in Ford Motor by 174.2% in the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock worth $4,125,000 after buying an additional 211,037 shares during the period. TIAA Trust National Association purchased a new position in Ford Motor in the 3rd quarter worth about $1,104,000. Finally, Mackenzie Financial Corp increased its stake in Ford Motor by 110.5% in the 3rd quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after buying an additional 367,977 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling

In related 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 completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is owned by company insiders.

Ford Motor Stock Down 0.1 %

NYSE:F opened at $12.05 on Friday. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The stock has a market capitalization of $47.88 billion, a P/E ratio of 11.17, a P/E/G ratio of 0.95 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The company’s 50-day simple moving average is $12.60 and its 200-day simple moving average is $11.76.

Ford Motor (NYSE:F) last released 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. The business had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the business earned $0.51 EPS. On average, equities analysts anticipate that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently commented on F shares. Barclays raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 7th. Citigroup raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. 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 target price on the stock. Finally, Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.82.

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.