Carolina Wealth Advisors LLC Sells 8,178 Shares of Ford Motor (NYSE:F)

Carolina Wealth Advisors LLC lowered its stake in Ford Motor (NYSE:F) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 540,381 shares of the auto manufacturer’s stock after selling 8,178 shares during the period. Ford Motor accounts for approximately 2.9% of Carolina Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding. Carolina Wealth Advisors LLC’s holdings in Ford Motor were worth $5,350,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quarry LP purchased a new position in Ford Motor during the second quarter valued at $27,000. Kimelman & Baird LLC purchased a new position in Ford Motor in the 2nd quarter worth about $30,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at about $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at about $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 1.8 %

Shares of F opened at $9.96 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock’s 50 day moving average is $10.44 and its two-hundred day moving average is $10.97. The firm has a market cap of $39.58 billion, a P/E ratio of 11.32, a PEG ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the company earned $0.39 earnings per share. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. Analysts predict that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on F shares. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $11.83.

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.