Ford Motor (NYSE:F) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its holdings in Ford Motor (NYSE:F - Free Report) by 50.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,646,943 shares of the auto manufacturer's stock after selling 8,902,291 shares during the period. Ameriprise Financial Inc. owned approximately 0.22% of Ford Motor worth $85,607,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in F. Alteri Wealth LLC purchased a new position in shares of Ford Motor in the fourth quarter valued at $145,000. Aptus Capital Advisors LLC lifted its holdings in Ford Motor by 11.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 44,607 shares of the auto manufacturer's stock worth $442,000 after buying an additional 4,517 shares in the last quarter. Anderson Financial Strategies LLC purchased a new position in Ford Motor in the 4th quarter valued at about $1,227,000. Aspire Growth Partners LLC purchased a new position in Ford Motor in the 4th quarter valued at about $553,000. Finally, Gallagher Fiduciary Advisors LLC increased its position in shares of Ford Motor by 25.3% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 100,642 shares of the auto manufacturer's stock worth $996,000 after acquiring an additional 20,344 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Ford Motor stock traded up $0.24 during midday trading on Monday, reaching $10.52. 33,948,527 shares of the stock traded hands, compared to its average volume of 74,925,795. The firm has a fifty day moving average price of $9.81 and a two-hundred day moving average price of $10.05. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The firm has a market cap of $41.68 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 0.61 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. During the same period last year, the firm earned $0.49 EPS. The firm's revenue was down 6.2% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced 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 is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.71%. Ford Motor's payout ratio is 48.00%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on F shares. Citigroup increased their price target on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Sanford C. Bernstein downgraded shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Three 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. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $10.00.

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.