Oarsman Capital Inc. Sells 2,334 Shares of Ford Motor (NYSE:F)

Oarsman Capital Inc. trimmed its position in shares of Ford Motor (NYSE:F) by 32.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,895 shares of the auto manufacturer’s stock after selling 2,334 shares during the quarter. Oarsman Capital Inc.’s holdings in Ford Motor were worth $48,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of F. Vanguard Group Inc. boosted its position in shares of Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Norges Bank purchased a new position in shares of Ford Motor in the 4th quarter valued at approximately $387,282,000. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC grew its position in Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock worth $830,662,000 after purchasing an additional 2,089,127 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. acquired a new position in Ford Motor during the 4th quarter valued at approximately $13,338,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on F shares. Piper Sandler dropped their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. TD Cowen assumed coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Evercore ISI decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Finally, JPMorgan Chase & Co. cut their price target on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Trading Up 0.4 %

Shares of F stock opened at $9.58 on Monday. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The company has a market cap of $37.95 billion, a price-to-earnings ratio of 6.56, a PEG ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock has a 50 day simple moving average of $9.72 and a 200-day simple moving average of $10.24.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.27%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

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.