Total Clarity Wealth Management Inc. Sells 60,063 Shares of Ford Motor Company $F

Total Clarity Wealth Management Inc. reduced its position in Ford Motor Company (NYSE:F) by 47.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,761 shares of the auto manufacturer’s stock after selling 60,063 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $759,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parkside Financial Bank & Trust lifted its holdings in Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after buying an additional 756 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its position in shares of Ford Motor by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 761 shares in the last quarter. CRA Financial Services LLC raised its position in shares of Ford Motor by 4.4% in the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after purchasing an additional 775 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in Ford Motor by 16.5% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock worth $65,000 after acquiring an additional 776 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its holdings in shares of Ford Motor by 7.2% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock valued at $153,000 after acquiring an additional 784 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

NYSE F opened at $14.04 on Wednesday. Ford Motor Company has a twelve month low of $10.42 and a twelve month high of $17.78. The stock has a market cap of $55.95 billion, a PE ratio of -9.06, a P/E/G ratio of 0.31 and a beta of 1.79. The stock has a fifty day simple moving average of $13.78 and a 200-day simple moving average of $13.34. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same period in the previous year, the firm earned $0.14 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Equities analysts anticipate that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Citigroup boosted their price target on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Bank of America increased their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Finally, UBS Group boosted their target price on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $14.63.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.