RWA Wealth Partners LLC Decreases Stock Position in Ford Motor Company $F

Key Points

• RWA Wealth Partners LLC reduced its stake in Ford Motor Company by 34.2%, ending with a position valued at $1.45 million after selling 75,249 shares.
• Ford reported earnings per share of $0.37 for the last quarter, exceeding estimates and marking a 5.0% increase in revenue compared to the previous year.
• Institutional investors control 58.74% of Ford's stock, with significant increases in holdings reported by firms such as Vanguard Group, which raised its position by 13.8%.

RWA Wealth Partners LLC lowered its stake in Ford Motor Company (NYSE:F - Free Report) by 34.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 144,463 shares of the auto manufacturer's stock after selling 75,249 shares during the period. RWA Wealth Partners LLC's holdings in Ford Motor were worth $1,449,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of F. Grove Bank & Trust grew its stake in 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 buying an additional 1,882 shares during the last quarter. Elite Financial Inc. acquired a new position in Ford Motor in the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter valued at about $30,000. Finally, Spurstone Advisory Services LLC bought a new stake in Ford Motor in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a report on Monday, July 21st. Barclays boosted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average price target of $10.53.

Insider Buying and Selling at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.48% of the company's stock.

Ford Motor Trading Up 3.5%

Shares of F traded up $0.3930 during trading hours on Friday, hitting $11.7230. 58,490,999 shares of the stock were exchanged, compared to its average volume of 60,942,456. The firm has a market capitalization of $46.66 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 3.24 and a beta of 1.48. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.97. The business has a 50-day moving average of $11.22 and a 200-day moving average of $10.34. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same period in the prior year, the firm earned $0.47 earnings per share. Ford Motor's revenue was up 5.0% on a year-over-year basis. On average, research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 76.92%.

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.