Ford Motor Company (NYSE:F) Shares Sold by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC trimmed its position in shares of Ford Motor Company (NYSE:F - Free Report) by 7.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 501,983 shares of the auto manufacturer's stock after selling 38,398 shares during the period. Ford Motor makes up 2.7% of Carolina Wealth Advisors LLC's portfolio, making the stock its 13th biggest position. Carolina Wealth Advisors LLC's holdings in Ford Motor were worth $5,035,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in Ford Motor by 10.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,781,625 shares of the auto manufacturer's stock worth $36,757,000 after acquiring an additional 365,713 shares in the last quarter. Achmea Investment Management B.V. grew its holdings in Ford Motor by 14.9% during the 1st quarter. Achmea Investment Management B.V. now owns 1,639,983 shares of the auto manufacturer's stock worth $16,449,000 after acquiring an additional 213,063 shares in the last quarter. Canvas Wealth Advisors LLC grew its holdings in Ford Motor by 11.3% during the 1st quarter. Canvas Wealth Advisors LLC now owns 13,310 shares of the auto manufacturer's stock worth $128,000 after acquiring an additional 1,355 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Ford Motor by 19.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 338,264 shares of the auto manufacturer's stock worth $3,393,000 after acquiring an additional 54,860 shares in the last quarter. Finally, Old North State Wealth Management LLC grew its holdings in Ford Motor by 2.1% during the 1st quarter. Old North State Wealth Management LLC now owns 560,497 shares of the auto manufacturer's stock worth $5,623,000 after acquiring an additional 11,789 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. The Goldman Sachs Group raised their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and a consensus target price of $10.03.

Ford Motor Trading Up 1.7%

Shares of NYSE:F opened at $10.81 on Friday. The company has a market cap of $42.99 billion, a PE ratio of 8.65, a P/E/G ratio of 0.90 and a beta of 1.50. The company's 50-day moving average price is $10.36 and its 200 day moving average price is $9.96. 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 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 quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share 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 the consensus estimate of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. Ford Motor's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period last year, the firm posted $0.49 EPS. Sell-side analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.55%. Ford Motor's dividend payout ratio (DPR) is 48.00%.

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.

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