Ford Motor (NYSE:F) Shares Sold by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC lessened its position in Ford Motor (NYSE:F) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,054 shares of the auto manufacturer’s stock after selling 5,338 shares during the quarter. Laird Norton Wetherby Wealth Management LLC’s holdings in Ford Motor were worth $456,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in F. NCP Inc. increased its stake in Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after acquiring an additional 28,528 shares during the last quarter. Alberta Investment Management Corp increased its stake in Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after acquiring an additional 91,300 shares during the last quarter. CHURCHILL MANAGEMENT Corp acquired a new stake in Ford Motor during the fourth quarter worth $10,853,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Ford Motor by 12.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock worth $4,511,000 after acquiring an additional 49,844 shares during the last quarter. Finally, ABC Arbitrage SA acquired a new stake in Ford Motor during the fourth quarter worth $1,012,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.8%

Shares of NYSE F opened at $10.74 on Friday. The company has a market capitalization of $42.57 billion, a price-to-earnings ratio of 7.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business has a 50-day moving average of $9.88 and a two-hundred day moving average of $10.05. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Ford Motor’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. On average, analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date is Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is 48.00%.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company lowered their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Barclays raised their price target on Ford Motor from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 6th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Sanford C. Bernstein lowered Ford Motor from a “market perform” rating to an “underperform” rating and lowered their price target for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $10.00.

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.