Capital Investment Advisory Services LLC Cuts Stock Position in Ford Motor Company (NYSE:F)

Capital Investment Advisory Services LLC decreased its position in Ford Motor Company (NYSE:F - Free Report) by 75.1% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 12,592 shares of the auto manufacturer's stock after selling 38,079 shares during the period. Capital Investment Advisory Services LLC's holdings in Ford Motor were worth $126,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Tounjian Advisory Partners LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $974,000. APG Asset Management N.V. acquired a new stake in shares of Ford Motor during the 4th quarter worth $20,408,000. Abundance Wealth Counselors grew its holdings in shares of Ford Motor by 32.6% during the 1st quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock worth $1,594,000 after purchasing an additional 38,794 shares in the last quarter. Inscription Capital LLC acquired a new stake in Ford Motor in the first quarter valued at about $251,000. Finally, Asset Management One Co. Ltd. boosted its stake in Ford Motor by 7.3% in the first quarter. Asset Management One Co. Ltd. now owns 1,592,082 shares of the auto manufacturer's stock valued at $15,969,000 after buying an additional 108,007 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

F has been the subject of several research reports. JPMorgan Chase & Co. increased their target price on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. UBS Group lowered their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their target price for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. Finally, Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $10.03.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.48% of the company's stock.

Ford Motor Stock Performance

Ford Motor stock traded down $0.14 during mid-day trading on Friday, reaching $11.77. 65,201,629 shares of the company's stock were exchanged, compared to its average volume of 83,172,612. The business's fifty day simple moving average is $10.66 and its 200 day simple moving average is $10.06. The firm has a market capitalization of $46.80 billion, a PE ratio of 9.42, a P/E/G ratio of 1.01 and a beta of 1.49. Ford Motor Company has a one year low of $8.44 and a one year high of $14.85. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The business's revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share. On average, sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.10%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

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.