Carolina Wealth Advisors LLC Trims Stock Position in Ford Motor (NYSE:F)

Carolina Wealth Advisors LLC reduced its stake in shares of Ford Motor (NYSE:F) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 540,381 shares of the auto manufacturer’s stock after selling 8,178 shares during the quarter. Ford Motor accounts for approximately 2.9% of Carolina Wealth Advisors LLC’s portfolio, making the stock its 14th largest holding. Carolina Wealth Advisors LLC’s holdings in Ford Motor were worth $5,350,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Quarry LP acquired a new position in Ford Motor during the 2nd quarter worth $27,000. Kimelman & Baird LLC acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor in the third quarter worth approximately $33,000. Access Investment Management LLC purchased a new position in shares of Ford Motor in the third quarter worth approximately $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor during the fourth quarter valued at approximately $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Barclays decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Trading Up 1.8 %

NYSE:F opened at $9.96 on Thursday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The firm’s fifty day moving average is $10.44 and its 200-day moving average is $10.97. The firm has a market cap of $39.58 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. Equities analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

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.