Ford Motor (NYSE:F) Shares Sold by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC trimmed its position in Ford Motor (NYSE:F) by 1.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 305,185 shares of the auto manufacturer’s stock after selling 5,610 shares during the period. Greenwich Wealth Management LLC’s holdings in Ford Motor were worth $3,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Olistico Wealth LLC purchased a new stake in shares of Ford Motor in the second quarter valued at approximately $25,000. Financial Synergies Wealth Advisors Inc. grew its holdings in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Family Firm Inc. purchased a new position in shares of Ford Motor in the second quarter valued at $26,000. Fortis Group Advisors LLC raised its stake 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 worth $26,000 after buying an additional 1,086 shares during the last quarter. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor in the 4th quarter worth about $27,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on F. Morgan Stanley restated an “overweight” rating and set a $16.00 target price on shares of Ford Motor in a report on Thursday. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Royal Bank of Canada decreased their price target 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $12.95.

Ford Motor Price Performance

Shares of NYSE F opened at $10.69 on Monday. The firm has a market cap of $42.50 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The business has a 50 day moving average price of $11.47 and a two-hundred day moving average price of $12.09. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

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

Ford Motor Dividend Announcement

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

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.