NCP Inc. Sells 57,232 Shares of Ford Motor Company (NYSE:F)

NCP Inc. lowered its position in shares of Ford Motor Company (NYSE:F - Free Report) by 76.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,288 shares of the auto manufacturer's stock after selling 57,232 shares during the quarter. NCP Inc.'s holdings in Ford Motor were worth $173,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of F. Grove Bank & Trust increased its holdings in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after acquiring an additional 1,882 shares during the period. Elite Financial Inc. purchased a new stake in shares of Ford Motor during the 1st quarter valued at $27,000. Olde Wealth Management LLC acquired a new stake in shares of Ford Motor in the 1st quarter worth $28,000. MorganRosel Wealth Management LLC purchased a new position in Ford Motor during the 1st quarter worth $30,000. Finally, Spurstone Advisory Services LLC acquired a new position in Ford Motor during the 4th quarter valued at about $31,000. Institutional investors own 58.74% of the company's stock.

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.48% of the stock is owned by insiders.

Ford Motor Stock Down 0.9%

NYSE F traded down $0.11 during trading on Thursday, reaching $11.28. 63,511,910 shares of the company's stock were exchanged, compared to its average volume of 81,081,608. The company has a 50 day moving average price of $10.84 and a two-hundred day moving average price of $10.15. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The stock has a market cap of $44.84 billion, a P/E ratio of 9.02, a price-to-earnings-growth ratio of 3.34 and a beta of 1.49. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $11.98.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results 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 13.49% and a net margin of 2.74%. The firm had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same period in the previous year, the business earned $0.49 earnings per share. The company's revenue for the quarter was down 6.2% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.32%. Ford Motor's payout ratio is currently 48.00%.

Wall Street Analysts Forecast Growth

F has been the subject of several research analyst reports. UBS Group increased their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday. The Goldman Sachs Group lifted their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday. Finally, Piper Sandler increased their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $10.37.

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.