Bcwm LLC Sells 21,820 Shares of Ford Motor (NYSE:F)

Bcwm LLC cut its holdings in Ford Motor (NYSE:F) by 5.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 392,578 shares of the auto manufacturer’s stock after selling 21,820 shares during the quarter. Ford Motor makes up 1.8% of Bcwm LLC’s holdings, making the stock its 22nd biggest holding. Bcwm LLC’s holdings in Ford Motor were worth $4,923,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 2nd quarter valued at $25,000. Fortis Group Advisors LLC boosted its stake in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares in the last quarter. Family Firm Inc. bought a new position in Ford Motor in the 2nd quarter valued at approximately $26,000. Voisard Asset Management Group Inc. bought a new position in Ford Motor during the 4th quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,938 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $10.69 on Monday. 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 stock has a market cap of $42.50 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The stock’s fifty day simple moving average is $11.47 and its two-hundred day simple moving average 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 released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share 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 for the quarter, compared to the consensus estimate of $47.79 billion. During the same period in the previous year, the business earned $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on F. Wells Fargo & Company lowered 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. Wolfe Research started coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group lowered their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $16.00 target price on shares of Ford Motor in a research report on Thursday. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $12.95.

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.