Financial Counselors Inc. Sells 780,846 Shares of Ford Motor Company (NYSE:F)

Financial Counselors Inc. trimmed its position in shares of Ford Motor Company (NYSE:F - Free Report) by 94.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,633 shares of the auto manufacturer's stock after selling 780,846 shares during the quarter. Financial Counselors Inc.'s holdings in Ford Motor were worth $458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Grove Bank & Trust boosted its holdings in shares of Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after purchasing an additional 1,882 shares during the period. Elite Financial Inc. purchased a new stake in shares of Ford Motor during the 1st quarter worth about $27,000. Olde Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $28,000. Flagship Wealth Advisors LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $30,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $30,000. 58.74% of the stock is owned by institutional investors.

Insider Activity

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Saturday. UBS Group lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Barclays upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, The Goldman Sachs Group upped their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $10.03.

Ford Motor Trading Down 1.2%

Shares of F stock traded down $0.14 during trading hours on Friday, hitting $11.77. 65,324,572 shares of the company were exchanged, compared to its average volume of 83,300,053. The company has a 50 day simple moving average of $10.69 and a two-hundred day simple moving average of $10.07. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The firm has a market cap of $46.80 billion, a P/E ratio of 9.42, a P/E/G ratio of 1.01 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $35.99 billion. During the same period in the previous year, the business posted $0.49 EPS. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. Equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

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