Bcwm LLC Decreases Holdings in Ford Motor (NYSE:F)

Bcwm LLC trimmed its stake in Ford Motor (NYSE:F) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 392,578 shares of the auto manufacturer’s stock after selling 21,820 shares during the quarter. Ford Motor makes up 1.8% of Bcwm LLC’s holdings, making the stock its 22nd biggest position. Bcwm LLC’s holdings in Ford Motor were worth $4,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in Ford Motor in the second quarter valued at approximately $25,000. Fortis Group Advisors LLC lifted its position in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares during the last quarter. Family Firm Inc. bought a new position in shares of Ford Motor during the 2nd quarter worth $26,000. Voisard Asset Management Group Inc. purchased a new stake in Ford Motor in the 4th quarter worth about $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.7 %

NYSE F opened at $10.69 on Monday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a market capitalization of $42.50 billion, a PE ratio of 11.02, a PEG ratio of 0.76 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The business’s 50-day moving average is $11.47 and its 200 day moving average is $12.09.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The business had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. Ford Motor’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. Sell-side analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is currently 61.86%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Morgan Stanley reiterated an “overweight” rating and set a $16.00 target price on shares of Ford Motor in a research report on Thursday. Sanford C. Bernstein assumed coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Finally, Royal Bank of Canada decreased their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $12.95.

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.