Narwhal Capital Management Has $2.30 Million Stake in Ford Motor (F)

Narwhal Capital Management decreased its holdings in shares of Ford Motor (NYSE:F) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 184,110 shares of the auto manufacturer’s stock after selling 13,450 shares during the quarter. Narwhal Capital Management’s holdings in Ford Motor were worth $2,300,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in F. Captrust Financial Advisors purchased a new stake in shares of Ford Motor in the second quarter valued at approximately $106,000. Balentine LLC boosted its holdings in shares of Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares during the period. Winslow Evans & Crocker Inc. boosted its holdings in shares of Ford Motor by 136.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 4,900 shares during the period. Godsey & Gibb Associates purchased a new stake in shares of Ford Motor in the second quarter valued at approximately $117,000. Finally, Brighton Jones LLC boosted its holdings in shares of Ford Motor by 40.3% in the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock valued at $119,000 after purchasing an additional 5,518 shares during the period. 54.08% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Ford Motor (NYSE:F) opened at $12.02 on Tuesday. Ford Motor has a twelve month low of $10.47 and a twelve month high of $13.48. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. The firm has a market capitalization of $47,750.00, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 0.71 and a beta of 1.26.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The firm had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same quarter in the prior year, the business posted $0.26 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. equities analysts forecast that Ford Motor will post 1.78 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 4.99%. Ford Motor’s dividend payout ratio is presently 54.55%.

In related news, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the transaction, the insider now directly owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 47,752 shares of company stock valued at $603,965. Company insiders own 1.08% of the company’s stock.

F has been the subject of a number of research reports. TheStreet upgraded Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Piper Jaffray Companies set a $14.00 target price on Ford Motor and gave the stock a “buy” rating in a report on Monday, October 16th. Vetr upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 target price for the company in a report on Friday, October 13th. Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Finally, ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.66.

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Ford Motor Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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

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