Capital Investment Advisory Services LLC Sells 8,154 Shares of Ford Motor (NYSE:F)

Capital Investment Advisory Services LLC cut its holdings in shares of Ford Motor (NYSE:F) by 11.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,343 shares of the auto manufacturer’s stock after selling 8,154 shares during the period. Capital Investment Advisory Services LLC’s holdings in Ford Motor were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in F. PFG Advisors boosted its stake in Ford Motor by 47.4% in the 3rd quarter. PFG Advisors now owns 24,592 shares of the auto manufacturer’s stock worth $305,000 after purchasing an additional 7,913 shares during the period. Legacy Capital Wealth Partners LLC bought a new position in shares of Ford Motor during the third quarter worth about $167,000. Impact Partnership Wealth LLC lifted its stake in Ford Motor by 35.7% in the 3rd quarter. Impact Partnership Wealth LLC now owns 6,290 shares of the auto manufacturer’s stock valued at $78,000 after acquiring an additional 1,654 shares in the last quarter. Bellecapital International Ltd. boosted its position in Ford Motor by 15.0% during the 3rd quarter. Bellecapital International Ltd. now owns 180,826 shares of the auto manufacturer’s stock worth $2,246,000 after acquiring an additional 23,555 shares during the last quarter. Finally, Mach 1 Financial Group LLC bought a new position in shares of Ford Motor during the 3rd quarter worth approximately $154,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Morgan Stanley increased their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target on the stock. Citigroup increased their price objective on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average price target of $13.82.

Ford Motor Stock Up 6.1 %

NYSE F opened at $12.88 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The company has a market cap of $51.18 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.96 and a beta of 1.63. The company has a 50 day moving average of $12.59 and a 200-day moving average of $11.76. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.51 EPS. On average, equities research analysts expect that Ford Motor will post 1.89 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a $0.33 dividend. The ex-dividend date was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is 55.56%.

Insider Buying and Selling at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.

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.