Leo Wealth LLC Buys Shares of 20,525 Ford Motor (NYSE:F)

Leo Wealth LLC purchased a new position in shares of Ford Motor (NYSE:F) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 20,525 shares of the auto manufacturer’s stock, valued at approximately $249,000.

Several other large investors also recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC boosted its stake in Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares during the period. Voisard Asset Management Group Inc. bought a new stake in Ford Motor during the 4th quarter valued at approximately $27,000. Provence Wealth Management Group bought a new stake in Ford Motor during the 3rd quarter valued at approximately $31,000. Finally, Headinvest LLC bought a new stake in Ford Motor during the 3rd quarter valued at approximately $31,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on F shares. Sanford C. Bernstein started coverage on Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. Piper Sandler began coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. UBS Group upped their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Finally, Royal Bank of Canada upped their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $13.89.

Ford Motor Trading Up 1.2 %

Shares of F opened at $11.85 on Tuesday. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The stock has a 50 day simple moving average of $12.29 and a 200-day simple moving average of $12.17. The stock has a market cap of $47.29 billion, a PE ratio of 12.21, a PEG ratio of 0.77 and a beta of 1.61.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. During the same period last year, the firm posted $0.63 EPS. The business’s revenue was up 3.1% on a year-over-year basis. On average, sell-side analysts predict that Ford Motor will post 1.99 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.07%. Ford Motor’s dividend payout ratio is 61.86%.

Insider Activity at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Ford Motor 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.