Ford Motor (NYSE:F) Shares Sold by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. trimmed its holdings in Ford Motor (NYSE:F) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,029 shares of the auto manufacturer’s stock after selling 1,161 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Ford Motor were worth $744,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC grew its holdings in shares of Ford Motor by 14.3% during the fourth quarter. Redmont Wealth Advisors LLC now owns 48,332 shares of the auto manufacturer’s stock worth $589,000 after purchasing an additional 6,048 shares during the last quarter. Zhang Financial LLC increased its position in Ford Motor by 1.3% during the fourth quarter. Zhang Financial LLC now owns 158,955 shares of the auto manufacturer’s stock worth $1,938,000 after buying an additional 2,007 shares during the period. Lafayette Investments Inc. lifted its stake in Ford Motor by 8.4% in the fourth quarter. Lafayette Investments Inc. now owns 12,950 shares of the auto manufacturer’s stock valued at $158,000 after buying an additional 1,000 shares during the last quarter. Grunden Financial Advisory Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $276,000. Finally, Xponance Inc. grew its position in shares of Ford Motor by 4.6% during the fourth quarter. Xponance Inc. now owns 517,785 shares of the auto manufacturer’s stock worth $6,312,000 after acquiring an additional 22,740 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a research report on Wednesday, January 17th. Citigroup raised their price target on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.82.

Ford Motor Trading Up 0.7 %

NYSE:F opened at $12.15 on Friday. The stock has a market capitalization of $48.26 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 0.96 and a beta of 1.63. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42. The stock has a fifty day moving average price of $12.59 and a two-hundred day moving average price of $11.76. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. The business had revenue of $43.21 billion during the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.89 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is 55.56%.

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.