Patriot Financial Group Insurance Agency LLC Has $1.28 Million Holdings in Ford Motor Company $F

Patriot Financial Group Insurance Agency LLC increased its stake in Ford Motor Company (NYSE:FFree Report) by 130.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,146 shares of the auto manufacturer’s stock after buying an additional 54,917 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Ford Motor were worth $1,275,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in F. Corsicana & Co. acquired a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $25,000. Grove Bank & Trust boosted 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 last quarter. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at approximately $26,000. Johnson Financial Group Inc. boosted its holdings in shares of Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after buying an additional 837 shares during the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Ford Motor in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 3.5%

Shares of Ford Motor stock opened at $12.88 on Friday. The business has a fifty day simple moving average of $12.60 and a two-hundred day simple moving average of $12.96. Ford Motor Company has a 1 year low of $9.35 and a 1 year high of $14.80. The company has a market capitalization of $51.37 billion, a price-to-earnings ratio of -6.25, a P/E/G ratio of 0.29 and a beta of 1.70. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The business had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter last year, the firm posted $0.39 EPS. The company’s quarterly revenue was down 4.8% on a year-over-year basis. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. UBS Group raised Ford Motor from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, April 14th. Bank of America assumed coverage on Ford Motor in a report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective for the company. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Evercore raised their price target on Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, December 22nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.66.

View Our Latest Stock Analysis on Ford Motor

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Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the stock in a transaction on Thursday, February 19th. The shares were purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This 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 this link. 0.63% of the stock is owned by insiders.

About Ford Motor

(Free Report)

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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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