Western Wealth Management LLC Has $163,000 Stake in Ford Motor (NYSE:F)

Western Wealth Management LLC lessened its stake in shares of Ford Motor (NYSE:F - Free Report) by 68.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,456 shares of the auto manufacturer's stock after selling 35,455 shares during the quarter. Western Wealth Management LLC's holdings in Ford Motor were worth $163,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in F. Hager Investment Management Services LLC acquired a new position in Ford Motor in the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor in the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the fourth quarter worth approximately $30,000. Spurstone Advisory Services LLC acquired a new position in Ford Motor in the fourth quarter worth approximately $31,000. Finally, Kentucky Trust Co acquired a new position in Ford Motor in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Down 1.3%

Shares of NYSE:F traded down $0.14 during trading on Wednesday, reaching $10.18. 48,051,880 shares of the company traded hands, compared to its average volume of 76,601,766. The firm has a fifty day simple moving average of $9.99 and a 200 day simple moving average of $10.04. The firm has a market cap of $40.46 billion, a P/E ratio of 6.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data 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. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the previous year, the business earned $0.49 EPS. Ford Motor's quarterly revenue was down 6.2% compared to the same quarter last year. Analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.90%. The ex-dividend date is Monday, May 12th. Ford Motor's payout ratio is presently 48.00%.

Analysts Set New Price Targets

Several research analysts have issued reports on F shares. Citigroup lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Bank of America decreased their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Wall Street Zen cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, UBS Group lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Four research 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's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $10.03.

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.