Ford Motor (NYSE:F) Shares Sold by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. lessened its holdings in shares of Ford Motor (NYSE:F) by 20.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,793 shares of the auto manufacturer’s stock after selling 2,969 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Ford Motor were worth $157,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Strategic Financial Concepts LLC grew its stake in Ford Motor by 37.5% in the first quarter. Strategic Financial Concepts LLC now owns 23,690 shares of the auto manufacturer’s stock worth $315,000 after purchasing an additional 6,463 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of Ford Motor in the 1st quarter worth approximately $175,000. Centennial Wealth Advisory LLC increased its holdings in shares of Ford Motor by 2.7% in the 1st quarter. Centennial Wealth Advisory LLC now owns 47,382 shares of the auto manufacturer’s stock valued at $629,000 after acquiring an additional 1,265 shares during the last quarter. Greystone Financial Group LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at approximately $5,369,000. Finally, HF Advisory Group LLC raised its position in shares of Ford Motor by 8.4% during the 1st quarter. HF Advisory Group LLC now owns 28,353 shares of the auto manufacturer’s stock valued at $377,000 after acquiring an additional 2,200 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on F shares. Piper Sandler started coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective on the stock. Redburn Atlantic started coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Morgan Stanley increased their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Citigroup boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Barclays increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $14.02.

Insider Buying and Selling at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.40% of the company’s stock.

Ford Motor Trading Down 4.7 %

NYSE F traded down $0.60 on Tuesday, hitting $12.15. 74,742,542 shares of the company were exchanged, compared to its average volume of 54,544,355. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The firm has a market capitalization of $48.28 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.86 and a beta of 1.63. The company’s 50 day moving average price is $12.63 and its 200-day moving average price is $11.79.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 EPS. Analysts predict that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s payout ratio is presently 61.86%.

About Ford Motor

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.