Ford Motor (NYSE:F) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lowered its position in Ford Motor (NYSE:F) by 15.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,591 shares of the auto manufacturer’s stock after selling 2,798 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Ford Motor were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in F. Pinnacle Associates Ltd. lifted its stake in Ford Motor by 2.6% during the first quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after buying an additional 817 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Ford Motor by 29.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after purchasing an additional 828 shares during the period. Legacy Wealth Asset Management LLC boosted its stake in Ford Motor by 1.7% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after purchasing an additional 836 shares during the period. First United Bank & Trust grew its position in Ford Motor by 5.4% during the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock worth $201,000 after purchasing an additional 850 shares in the last quarter. Finally, Lee Financial Co raised its stake in Ford Motor by 3.6% during the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after purchasing an additional 854 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Royal Bank of Canada raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Barclays dropped their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday, July 25th. UBS Group lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.75.

Insider Activity at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.80% of the company’s stock.

Ford Motor Stock Performance

F stock traded down $0.66 during midday trading on Friday, hitting $10.03. The stock had a trading volume of 110,703,005 shares, compared to its average volume of 73,132,552. Ford Motor has a 52 week low of $9.63 and a 52 week high of $14.85. 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 50-day simple moving average of $12.40 and a 200 day simple moving average of $12.38. The firm has a market capitalization of $39.87 billion, a price-to-earnings ratio of 10.34, a P/E/G ratio of 0.75 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter last year, the business earned $0.72 EPS. Ford Motor’s quarterly revenue was up 6.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.