TCI Wealth Advisors Inc. Sells 1,986 Shares of Ford Motor (NYSE:F)

TCI Wealth Advisors Inc. trimmed its stake in shares of Ford Motor (NYSE:F) by 13.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,801 shares of the auto manufacturer’s stock after selling 1,986 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in Ford Motor were worth $156,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after buying an additional 2,657,650 shares in the last quarter. International Assets Investment Management LLC grew its position in Ford Motor by 1,084.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock valued at $32,876,000 after acquiring an additional 2,469,344 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Ford Motor by 21.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after acquiring an additional 2,190,915 shares during the last quarter. Finally, Quadrature Capital Ltd boosted its holdings in Ford Motor by 134.9% during the 3rd quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after acquiring an additional 2,085,031 shares during the period. Institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. Redburn Atlantic assumed coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Barclays raised their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. UBS Group increased their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Royal Bank of Canada upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Finally, Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.74.

Ford Motor Stock Performance

Shares of NYSE:F traded up $0.06 during midday trading on Monday, hitting $12.49. The company had a trading volume of 24,230,842 shares, compared to its average volume of 53,933,695. The company has a market cap of $49.86 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 0.84 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The company has a fifty day moving average of $12.64 and a two-hundred day moving average of $11.80. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company had revenue of $42.78 billion during the quarter, compared to analyst estimates of $42.93 billion. During the same period in the prior year, the firm posted $0.63 EPS. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities research analysts expect that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.