Total Clarity Wealth Management Inc. Sells 9,887 Shares of Ford Motor (NYSE:F)

Total Clarity Wealth Management Inc. lowered its stake in Ford Motor (NYSE:F) by 12.0% during the second quarter, HoldingsChannel.com reports. The firm owned 72,183 shares of the auto manufacturer’s stock after selling 9,887 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $905,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gilbert & Cook Inc. raised its holdings in Ford Motor by 4.1% in the fourth quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock worth $569,000 after purchasing an additional 1,836 shares during the period. Aveo Capital Partners LLC raised its stake in Ford Motor by 6.9% during the 4th quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock worth $255,000 after buying an additional 1,352 shares during the period. Gryphon Financial Partners LLC lifted its holdings in Ford Motor by 4.0% during the fourth quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock worth $334,000 after acquiring an additional 1,002 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Ford Motor by 8.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 61,430 shares of the auto manufacturer’s stock valued at $749,000 after acquiring an additional 4,958 shares during the period. Finally, Financial Advocates Investment Management increased its holdings in shares of Ford Motor by 36.2% in the fourth quarter. Financial Advocates Investment Management now owns 109,361 shares of the auto manufacturer’s stock worth $1,333,000 after acquiring an additional 29,088 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of several research analyst reports. Wells Fargo & Company decreased their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research note on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group lowered their target price on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, July 25th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $12.95.

Ford Motor Stock Performance

NYSE F opened at $10.69 on Monday. The firm has a market capitalization of $42.50 billion, a P/E ratio of 11.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm’s fifty day moving average price is $11.47 and its two-hundred day moving average price is $12.09. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same period in the previous year, the company posted $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, research analysts anticipate that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.61%. Ford Motor’s dividend payout ratio is currently 61.86%.

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.