Focus Partners Advisor Solutions LLC Decreases Stock Holdings in Ford Motor Company $F

Key Points

• Focus Partners Advisor Solutions LLC has reduced its stake in Ford Motor Company by 60.9%, selling 53,132 shares to hold a total of 34,160 shares valued at approximately $343,000.
• Ford Motor's recent quarterly earnings exceeded analysts' expectations, reporting $50.18 billion in revenue and $0.37 EPS, compared to an expected $42.91 billion and $0.33 EPS respectively.
• Analysts have set various price targets for Ford Motor, with estimates ranging from $8.00 to $13.00, reflecting differing opinions on the stock's future performance.

Focus Partners Advisor Solutions LLC reduced its position in Ford Motor Company (NYSE:F - Free Report) by 60.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,160 shares of the auto manufacturer's stock after selling 53,132 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Ford Motor were worth $343,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Tounjian Advisory Partners LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at $974,000. FORA Capital LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at $7,398,000. Generali Investments CEE investicni spolecnost a.s. boosted its stake in shares of Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after purchasing an additional 60,000 shares during the last quarter. Quantitative Investment Management LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at $2,373,000. Finally, Abundance Wealth Counselors boosted its stake in Ford Motor by 32.6% during the first quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock worth $1,594,000 after acquiring an additional 38,794 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Insider Activity

In other 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 value of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.48% of the stock is currently owned by company insiders.

Ford Motor Stock Up 0.5%

Shares of Ford Motor stock traded up $0.06 during trading on Friday, hitting $11.74. The company's stock had a trading volume of 47,531,810 shares, compared to its average volume of 48,778,584. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a fifty day simple moving average of $11.46 and a two-hundred day simple moving average of $10.52. The company has a market capitalization of $46.70 billion, a PE ratio of 15.05, a P/E/G ratio of 3.38 and a beta of 1.52. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.99.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 EPS. Equities research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. Ford Motor's dividend payout ratio is 76.92%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on F shares. Dbs Bank lowered shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Royal Bank Of Canada lifted their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 5th. UBS Group lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Jefferies Financial Group lifted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a research note on Monday, August 11th. Finally, Piper Sandler boosted their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Ford Motor has a consensus rating of "Reduce" and a consensus target price of $10.53.

About Ford Motor

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.