Simplicity Wealth LLC Sells 12,555 Shares of Ford Motor (NYSE:F)

Simplicity Wealth LLC reduced its stake in Ford Motor (NYSE:F) by 39.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,213 shares of the auto manufacturer’s stock after selling 12,555 shares during the quarter. Simplicity Wealth LLC’s holdings in Ford Motor were worth $190,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in F. CWA Asset Management Group LLC bought a new stake in Ford Motor in the 3rd quarter valued at $224,000. Atria Investments Inc increased its stake in Ford Motor by 1.4% in the 3rd quarter. Atria Investments Inc now owns 308,901 shares of the auto manufacturer’s stock valued at $3,262,000 after buying an additional 4,377 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in Ford Motor by 19.7% in the 3rd quarter. Axxcess Wealth Management LLC now owns 118,188 shares of the auto manufacturer’s stock valued at $1,248,000 after buying an additional 19,433 shares during the last quarter. Tyler Stone Wealth Management increased its stake in Ford Motor by 127.8% in the 3rd quarter. Tyler Stone Wealth Management now owns 27,055 shares of the auto manufacturer’s stock valued at $286,000 after buying an additional 15,179 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in Ford Motor by 5.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 466,153 shares of the auto manufacturer’s stock valued at $4,922,000 after buying an additional 23,216 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of F stock opened at $9.71 on Wednesday. The company has a market capitalization of $38.47 billion, a price-to-earnings ratio of 6.65, a PEG ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a 50-day simple moving average of $9.72 and a 200 day simple moving average of $10.36. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

Several brokerages have issued reports on F. Royal Bank of Canada lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $11.77.

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.