Nwam LLC Sells 6,557 Shares of Ford Motor (NYSE:F)

Nwam LLC trimmed its position in shares of Ford Motor (NYSE:F) by 12.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 44,379 shares of the auto manufacturer’s stock after selling 6,557 shares during the quarter. Nwam LLC’s holdings in Ford Motor were worth $544,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Newport Trust Company LLC raised its holdings in shares of Ford Motor by 4.5% during the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock worth $1,068,596,000 after purchasing an additional 269,887 shares during the period. Fisher Asset Management LLC increased its stake in Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after purchasing an additional 3,522,965 shares during the period. Norges Bank purchased a new position in Ford Motor in the 4th quarter worth approximately $475,899,000. Finally, Dimensional Fund Advisors LP increased its stake in Ford Motor by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock worth $333,014,000 after purchasing an additional 528,823 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

F opened at $13.98 on Friday. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. Ford Motor has a 52-week low of $9.63 and a 52-week high of $14.85. The stock has a market capitalization of $55.81 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.90 and a beta of 1.62. The stock’s 50 day moving average price is $12.50 and its 200-day moving average price is $12.38.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.29%. Ford Motor’s dividend payout ratio is presently 61.86%.

Insider Activity at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the sale, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on F shares. Royal Bank of Canada lifted their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Barclays lifted their price target on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Sanford C. Bernstein started coverage on Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target on the stock. Citigroup lifted their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, UBS Group lifted their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.18.

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.