Ford Motor Company (NYSE:F) Shares Sold by Chapin Davis Inc.

Chapin Davis Inc. decreased its stake in Ford Motor Company (NYSE:F - Free Report) by 62.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,636 shares of the auto manufacturer's stock after selling 26,107 shares during the quarter. Chapin Davis Inc.'s holdings in Ford Motor were worth $157,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First Bancorp Inc ME grew its position in shares of Ford Motor by 10.5% during the 1st quarter. First Bancorp Inc ME now owns 21,059 shares of the auto manufacturer's stock valued at $211,000 after acquiring an additional 2,000 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Ford Motor by 4.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,564,674 shares of the auto manufacturer's stock worth $15,694,000 after buying an additional 65,039 shares during the period. Madison Wealth Partners Inc purchased a new position in shares of Ford Motor during the 1st quarter valued at approximately $133,000. WealthCare Investment Partners LLC grew its stake in Ford Motor by 61.4% in the 1st quarter. WealthCare Investment Partners LLC now owns 31,146 shares of the auto manufacturer's stock valued at $295,000 after acquiring an additional 11,854 shares during the period. Finally, Childress Capital Advisors LLC purchased a new stake in Ford Motor in the 1st quarter worth $164,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.2%

F traded down $0.02 during trading hours on Tuesday, hitting $10.73. 76,685,453 shares of the company's stock were exchanged, compared to its average volume of 80,851,378. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.85. The firm has a market cap of $42.65 billion, a P/E ratio of 8.58, a price-to-earnings-growth ratio of 0.90 and a beta of 1.50. The firm has a 50 day moving average of $10.27 and a 200 day moving average of $9.95.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The company had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the prior year, the business earned $0.49 EPS. Ford Motor's revenue was down 6.2% on a year-over-year basis. Analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.59%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on F shares. The Goldman Sachs Group increased their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Citigroup lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. TD Cowen began coverage on Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 target price on the stock. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, Piper Sandler lifted their target price on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus target price of $10.03.

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.