Ford Motor (NYSE:F) Shares Sold by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC trimmed its position in Ford Motor (NYSE:F) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,781 shares of the auto manufacturer’s stock after selling 1,861 shares during the period. Wealth Advisory Solutions LLC’s holdings in Ford Motor were worth $206,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the 4th quarter worth about $29,000. Kentucky Trust Co purchased a new stake in Ford Motor in the 4th quarter valued at about $31,000. Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the last quarter. Finally, Access Investment Management LLC purchased a new position in shares of Ford Motor during the 3rd quarter worth about $34,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on F shares. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Sanford C. Bernstein cut shares of 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. Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $11.89.

Ford Motor Stock Down 2.7 %

NYSE F opened at $9.14 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The business has a 50 day moving average price of $9.74 and a two-hundred day moving average price of $10.40. The stock has a market cap of $36.21 billion, a PE ratio of 6.26, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is 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.