Dimensional Fund Advisors LP Sells 173,123 Shares of Ford Motor Company (NYSE:F)

Dimensional Fund Advisors LP decreased its position in Ford Motor Company (NYSE:F) by 0.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 46,335,759 shares of the auto manufacturer’s stock after selling 173,123 shares during the period. Dimensional Fund Advisors LP’s holdings in Ford Motor were worth $464,596,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in F. Grove Bank & Trust grew its holdings in shares of Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,882 shares during the last quarter. Elite Financial Inc. bought a new stake in Ford Motor in the first quarter valued at $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor in the first quarter valued at $28,000. MorganRosel Wealth Management LLC bought a new stake in Ford Motor in the first quarter valued at $30,000. Finally, Spurstone Advisory Services LLC bought a new stake in Ford Motor in the fourth quarter valued at $31,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F opened at $11.44 on Friday. The stock has a 50-day moving average price of $11.12 and a 200-day moving average price of $10.30. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The firm has a market cap of $45.53 billion, a PE ratio of 14.67, a P/E/G ratio of 3.30 and a beta of 1.48. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $11.97.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. Ford Motor’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 EPS. Sell-side analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor’s payout ratio is currently 76.92%.

Analyst Ratings Changes

Several research firms recently weighed in on F. The Goldman Sachs Group lifted their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, May 6th. UBS Group lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Wolfe Research upgraded shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Finally, Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $10.53.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares of the company’s stock, valued at $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

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.