Ford Motor (NYSE:F) Holdings Lowered by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC decreased its stake in shares of Ford Motor (NYSE:F - Free Report) by 35.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,124 shares of the auto manufacturer's stock after selling 29,804 shares during the period. Prosperity Consulting Group LLC's holdings in Ford Motor were worth $536,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Ford Motor during the 4th quarter worth approximately $31,000. Finally, Crewe Advisors LLC lifted its position in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of NYSE:F traded down $0.15 on Wednesday, hitting $10.00. The company's stock had a trading volume of 136,032,366 shares, compared to its average volume of 139,019,702. The company has a market capitalization of $39.63 billion, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 12 month low of $9.87 and a 12 month high of $10.29. The stock's 50-day moving average is $9.67 and its two-hundred day moving average is $10.10.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 6.00%. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Analysts Set New Price Targets

Several analysts recently issued reports on F shares. Piper Sandler cut their price target on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. Evercore ISI decreased their target price on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. BNP Paribas raised Ford Motor to a "hold" rating in a research report on Monday, February 10th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $9.00 price objective (down previously from $11.00) on shares of Ford Motor in a report on Thursday, April 10th. Finally, Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $9.77.

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.