Private Advisor Group LLC Cuts Stock Holdings in Ford Motor Company (NYSE:F)

Private Advisor Group LLC lowered its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 17.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 339,532 shares of the auto manufacturer's stock after selling 70,368 shares during the period. Private Advisor Group LLC's holdings in Ford Motor were worth $3,406,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of F. Vanguard Group Inc. increased 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 valued at $3,980,630,000 after buying an additional 57,182,803 shares during the period. Geode Capital Management LLC grew 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 valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP increased its holdings 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 acquiring an additional 4,925,993 shares during the last quarter. Norges Bank bought a new position in Ford Motor in the 4th quarter worth about $387,282,000. Finally, Northern Trust Corp boosted its position in shares of Ford Motor by 11.0% during the 4th quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer's stock valued at $369,417,000 after acquiring an additional 3,699,857 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

F has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price target for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Piper Sandler increased their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus price target of $10.37.

Insider Buying and Selling

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.48% of the company's stock.

Ford Motor Stock Performance

F traded up $0.21 on Friday, reaching $11.47. 52,268,568 shares of the stock were exchanged, compared to its average volume of 79,838,680. The company's 50-day moving average price is $10.87 and its 200 day moving average price is $10.17. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.97. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market capitalization of $45.59 billion, a PE ratio of 9.17, a PEG ratio of 3.30 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping 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 company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter in the previous year, the firm posted $0.49 EPS. The firm's revenue was down 6.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.23%. Ford Motor's dividend payout ratio is currently 48.00%.

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.