Ford Motor (NYSE:F) Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lowered its position in shares of Ford Motor (NYSE:F) by 19.5% during the second quarter, Holdings Channel reports. The fund owned 17,842 shares of the auto manufacturer’s stock after selling 4,316 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Ford Motor were worth $224,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Gilbert & Cook Inc. increased its stake in shares of Ford Motor by 4.1% during the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock valued at $569,000 after acquiring an additional 1,836 shares during the last quarter. Aveo Capital Partners LLC increased its position in Ford Motor by 6.9% during the fourth quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock worth $255,000 after purchasing an additional 1,352 shares during the last quarter. Gryphon Financial Partners LLC raised its stake in Ford Motor by 4.0% during the fourth quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock worth $334,000 after purchasing an additional 1,002 shares during the period. AGF Management Ltd. acquired a new position in shares of Ford Motor in the 4th quarter valued at $187,000. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Ford Motor by 8.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 61,430 shares of the auto manufacturer’s stock valued at $749,000 after buying an additional 4,958 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on F shares. Wolfe Research initiated coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $16.00 price objective on shares of Ford Motor in a research note on Thursday. The Goldman Sachs Group dropped their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday. Finally, 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 for the company. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $12.95.

Ford Motor Stock Up 1.7 %

Shares of NYSE F opened at $10.63 on Friday. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $12.10. The firm has a market cap of $42.42 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. Ford Motor’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, equities analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.65%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.