Ford Motor (NYSE:F) Shares Sold by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC lowered its position in shares of Ford Motor (NYSE:F) by 10.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,054 shares of the auto manufacturer’s stock after selling 5,338 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Ford Motor were worth $456,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in F. Albion Financial Group UT lifted its position in shares of Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after buying an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its position in shares of Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC lifted its position in shares of Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after purchasing an additional 1,024 shares during the last quarter. Cornerstone Wealth Group LLC lifted its position in shares of Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after purchasing an additional 1,098 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its stake in Ford Motor by 6.9% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,157 shares of the auto manufacturer’s stock valued at $170,000 after acquiring an additional 1,109 shares during the period. 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 analyst reports. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, May 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

Ford Motor Price Performance

F opened at $10.74 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a fifty day simple moving average of $9.88 and a 200 day simple moving average of $10.05. The stock has a market cap of $42.57 billion, a P/E ratio of 7.36, a P/E/G ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 EPS. On average, research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.59%. The ex-dividend date is Monday, May 12th. Ford Motor’s payout ratio is 48.00%.

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.