Ford Motor (NYSE:F) Shares Sold by Financial Avengers Inc.

Financial Avengers Inc. reduced its stake in shares of Ford Motor (NYSE:F) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 458,472 shares of the auto manufacturer’s stock after selling 18,078 shares during the period. Ford Motor comprises approximately 2.1% of Financial Avengers Inc.’s holdings, making the stock its 14th biggest position. Financial Avengers Inc.’s holdings in Ford Motor were worth $4,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the period. Geode Capital Management LLC boosted its position in Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP boosted its position in Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock valued at $460,444,000 after purchasing an additional 4,925,993 shares during the period. Finally, Norges Bank bought a new position in Ford Motor during the 4th quarter worth $387,282,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Ford Motor stock opened at $10.71 on Wednesday. The company has a market cap of $42.45 billion, a PE ratio of 7.34, a PEG ratio of 0.61 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The company’s 50-day moving average is $9.95 and its two-hundred day moving average is $10.06.

Ford Motor (NYSE:F) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The firm had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The business’s quarterly revenue was down 6.2% compared to the same quarter last year. Equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor’s dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Bank of America reduced their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Piper Sandler reduced their price objective on Ford Motor from $9.00 to $8.50 and set a “neutral” rating for the company in a research report on Tuesday, May 6th. Citigroup raised their target price on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, May 7th. Wolfe Research raised Ford Motor from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. Finally, UBS Group decreased their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.00.

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.