Ford Motor (NYSE:F) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lowered its stake in Ford Motor (NYSE:F) by 6.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,341 shares of the auto manufacturer’s stock after selling 4,656 shares during the period. Foster & Motley Inc.’s holdings in Ford Motor were worth $794,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Olistico Wealth LLC purchased a new position in Ford Motor during the second quarter worth about $25,000. Financial Synergies Wealth Advisors Inc. grew its holdings in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares during the period. Family Firm Inc. purchased a new position in Ford Motor in the second quarter worth $26,000. Fortis Group Advisors LLC lifted its holdings in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares during the period. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of a number of research analyst reports. The Goldman Sachs Group cut their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, July 25th. Barclays dropped their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Sanford C. Bernstein started coverage on Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $13.48.

Ford Motor Stock Down 1.7 %

Shares of NYSE:F opened at $10.59 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The company has a market capitalization of $42.26 billion, a P/E ratio of 10.91, a P/E/G ratio of 0.81 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The stock’s fifty day simple moving average is $11.70 and its 200-day simple moving average is $12.15.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.67%. Ford Motor’s payout ratio is currently 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.