Ford Motor (NYSE:F) Shares Sold by Carson Advisory Inc.

Carson Advisory Inc. decreased its holdings in Ford Motor (NYSE:F) by 30.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,720 shares of the auto manufacturer’s stock after selling 11,518 shares during the period. Carson Advisory Inc.’s holdings in Ford Motor were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of F. Holistic Planning LLC purchased a new stake in shares of Ford Motor during the 3rd quarter worth $147,000. CWA Asset Management Group LLC purchased a new stake in Ford Motor during the third quarter worth approximately $224,000. Hollencrest Capital Management boosted its holdings in Ford Motor by 4.6% in the third quarter. Hollencrest Capital Management now owns 56,960 shares of the auto manufacturer’s stock valued at $601,000 after purchasing an additional 2,500 shares in the last quarter. Portside Wealth Group LLC raised its holdings in Ford Motor by 19.8% during the third quarter. Portside Wealth Group LLC now owns 13,161 shares of the auto manufacturer’s stock worth $139,000 after purchasing an additional 2,172 shares in the last quarter. Finally, Keynote Financial Services LLC raised its stake in Ford Motor by 4.1% during the 3rd quarter. Keynote Financial Services LLC now owns 65,505 shares of the auto manufacturer’s stock worth $692,000 after acquiring an additional 2,579 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wells Fargo & Company reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

Ford Motor stock opened at $10.97 on Friday. The stock’s 50-day moving average is $10.77 and its 200-day moving average is $11.57. The company has a market cap of $43.60 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 1.88 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same period in the prior year, the company earned $0.39 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. Equities analysts anticipate that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

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.