Ford Motor (NYSE:F) Shares Sold by Carolinas Wealth Consulting LLC

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

A number of other hedge funds and other institutional investors also recently bought and sold shares of F. Vanguard Group Inc. boosted its holdings in shares of Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after buying an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 5.3% in the fourth 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 boosted its stake in Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after acquiring an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Ford Motor by 11.8% during the fourth 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 during the last quarter. Finally, Norges Bank acquired a new stake in shares of Ford Motor during the fourth quarter worth about $387,282,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F traded down $0.05 during trading on Tuesday, hitting $10.31. 89,006,628 shares of the company were exchanged, compared to its average volume of 76,699,656. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The firm's fifty day moving average price is $9.99 and its 200 day moving average price is $10.04. The company has a market cap of $41.00 billion, a price-to-earnings ratio of 7.06, a PEG ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping 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 company had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same period in the prior year, the business posted $0.49 earnings per share. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. On average, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 6th. UBS Group decreased their price objective 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. Barclays boosted their target price on Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Finally, Piper Sandler lifted their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research report on Thursday, May 22nd. Four equities 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 stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and an average price target of $10.03.

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.