Quantum Private Wealth LLC Has $705,000 Stock Holdings in Ford Motor (NYSE:F)

Quantum Private Wealth LLC lessened its holdings in Ford Motor (NYSE:F) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,811 shares of the auto manufacturer’s stock after selling 8,984 shares during the quarter. Quantum Private Wealth LLC’s holdings in Ford Motor were worth $705,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of F. RB Capital Management LLC boosted its holdings in shares of Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after purchasing an additional 3,477 shares in the last quarter. Fairfield Bush & CO. acquired a new stake in shares of Ford Motor during the 1st quarter valued at $37,000. Synovus Financial Corp boosted its holdings in shares of Ford Motor by 275.4% during the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after acquiring an additional 81,783 shares in the last quarter. Blair William & Co. IL boosted its holdings in shares of Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after acquiring an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after acquiring an additional 16,498 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Piper Sandler assumed coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 7th. Barclays lifted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a report on Wednesday, January 17th. Finally, Morgan Stanley lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $13.82.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.40% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE F traded down $0.14 during midday trading on Wednesday, reaching $12.09. The company’s stock had a trading volume of 56,392,158 shares, compared to its average volume of 46,440,924. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a 50 day moving average price of $12.63 and a 200-day moving average price of $11.76. The stock has a market capitalization of $48.04 billion, a P/E ratio of 11.19, a PEG ratio of 0.97 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. Ford Motor’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

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

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.