Ford Motor (NYSE:F) Shares Sold by Western Wealth Management LLC

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

Other institutional investors have also added to or reduced their stakes in the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor in the 4th quarter worth approximately $30,000. Kentucky Trust Co bought a new position in shares of Ford Motor during the 4th quarter valued at approximately $31,000. Finally, Spurstone Advisory Services LLC purchased a new stake in Ford Motor during the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of Ford Motor stock traded down $0.06 during trading on Tuesday, hitting $10.31. 74,553,958 shares of the company's stock were exchanged, compared to its average volume of 108,760,211. The stock has a market capitalization of $40.98 billion, a price-to-earnings ratio of 7.06, a PEG ratio of 0.61 and a beta of 1.53. The business has a 50-day simple moving average of $9.99 and a 200-day simple moving average of $10.04. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

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 for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter last year, the business posted $0.49 EPS. The company's revenue was down 6.2% on a year-over-year basis. On average, research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.82%. Ford Motor's dividend payout ratio is presently 48.00%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on F. Wells Fargo & Company cut 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. Bank of America reduced their price objective 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. UBS Group dropped their target price on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and decreased their target price for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Finally, The Goldman Sachs Group lifted 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. Four equities 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, the company has an average rating of "Hold" and an average price target 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.