Stance Capital LLC Sells 66,746 Shares of Ford Motor Company $F

Stance Capital LLC decreased its position in Ford Motor Company (NYSE:F) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 244,721 shares of the auto manufacturer’s stock after selling 66,746 shares during the period. Ford Motor accounts for 1.2% of Stance Capital LLC’s portfolio, making the stock its 21st largest position. Stance Capital LLC’s holdings in Ford Motor were worth $3,211,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Grove Bank & Trust grew its holdings in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $25,000. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $26,000. McMillan Office Inc. bought a new stake in shares of Ford Motor during the fourth quarter worth $26,000. Finally, Johnson Financial Group Inc. increased its position in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 0.1%

Ford Motor stock opened at $14.04 on Friday. The company has a market cap of $55.96 billion, a price-to-earnings ratio of -9.06, a P/E/G ratio of 0.31 and a beta of 1.79. The firm has a 50-day moving average of $13.71 and a 200-day moving average of $13.33. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor Company has a one year low of $10.42 and a one year high of $17.78.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. On average, equities analysts expect that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.

Analysts Set New Price Targets

F has been the topic of several research reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, May 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Finally, TD Cowen dropped their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.63.

Ford Motor Profile

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.