Carolinas Wealth Consulting LLC Cuts Stock Holdings in Ford Motor (NYSE:F)

Carolinas Wealth Consulting LLC reduced its position in shares of Ford Motor (NYSE:F - Free Report) by 52.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,152 shares of the auto manufacturer's stock after selling 31,920 shares during the period. Carolinas Wealth Consulting LLC's holdings in Ford Motor were worth $289,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after buying an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC lifted its stake in Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Ford Motor by 11.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after purchasing an additional 4,925,993 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $387,282,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on F. JPMorgan Chase & Co. increased their price target on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. UBS Group dropped their price objective 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. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and cut their price objective for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Evercore ISI decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Finally, Wall Street Zen cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Four research analysts have rated the stock with a sell rating, twelve have given 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 an average rating of "Hold" and a consensus target price of $10.03.

Ford Motor Trading Up 0.3%

NYSE F traded up $0.04 on Thursday, reaching $10.21. The stock had a trading volume of 62,088,023 shares, compared to its average volume of 76,834,757. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a fifty day moving average price of $9.99 and a two-hundred day moving average price of $10.04. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The firm has a market capitalization of $40.58 billion, a price-to-earnings ratio of 6.98, a P/E/G ratio of 0.61 and a beta of 1.53.

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 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 analysts' expectations of $35.99 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The company's revenue was down 6.2% on a year-over-year basis. As a group, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.88%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Ford Motor Company 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.