OmniStar Financial Group Inc. Sells 3,814 Shares of Ford Motor (NYSE:F)

OmniStar Financial Group Inc. trimmed its holdings in shares of Ford Motor (NYSE:F) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,043 shares of the auto manufacturer’s stock after selling 3,814 shares during the quarter. OmniStar Financial Group Inc.’s holdings in Ford Motor were worth $378,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. RB Capital Management LLC increased its holdings in shares of Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after acquiring an additional 3,477 shares in the last quarter. Fairfield Bush & CO. purchased a new position in shares of Ford Motor during the 1st quarter valued at approximately $37,000. Synovus Financial Corp lifted its holdings in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after purchasing an additional 81,783 shares in the last quarter. Blair William & Co. IL lifted its holdings in Ford Motor by 17.3% in the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after purchasing an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in shares of Ford Motor by 3.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after acquiring an additional 16,498 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

F traded down $0.46 on Tuesday, hitting $12.44. 66,126,104 shares of the stock traded hands, compared to its average volume of 54,576,922. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The firm has a market capitalization of $49.43 billion, a PE ratio of 11.52, a P/E/G ratio of 1.03 and a beta of 1.63. The business has a fifty day moving average price of $12.14 and a two-hundred day moving average price of $11.69.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. The business had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. Ford Motor’s revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS. On average, research analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

Insider Activity

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research report on Wednesday, January 17th. Morgan Stanley boosted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. Piper Sandler started coverage on Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price on the stock. Finally, Citigroup boosted their target price on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.75.

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.