Advisory Alpha LLC Sells 3,154 Shares of Ford Motor (NYSE:F)

Advisory Alpha LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 6.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,104 shares of the auto manufacturer’s stock after selling 3,154 shares during the quarter. Advisory Alpha LLC’s holdings in Ford Motor were worth $626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of F. Whittier Trust Co. of Nevada Inc. lifted its holdings in 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 valued at $25,000 after buying an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC raised its holdings in shares of Ford Motor by 100.0% in 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 in the last quarter. Voisard Asset Management Group Inc. bought a new stake in shares of Ford Motor in the 4th quarter valued at about $27,000. Financial Synergies Wealth Advisors Inc. raised its holdings in shares of Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares in the last quarter. Finally, Headinvest LLC bought a new stake in shares of Ford Motor in the 3rd quarter valued at about $31,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F traded up $0.45 during trading hours on Friday, hitting $13.92. The stock had a trading volume of 17,336,369 shares, compared to its average volume of 50,331,777. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The firm has a 50-day moving average price of $12.26 and a 200 day moving average price of $12.30. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.28. The firm has a market capitalization of $55.57 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 0.85 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 earnings per share. As a group, research analysts anticipate that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio is presently 61.86%.

Insiders Place Their Bets

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction on Friday, May 24th. The shares were 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 owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Citigroup boosted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. UBS Group boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Sanford C. Bernstein initiated coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Finally, Royal Bank of Canada lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.09.

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.