Ford Motor (NYSE:F) Shares Sold by D L Carlson Investment Group Inc.

D L Carlson Investment Group Inc. trimmed its stake in shares of Ford Motor (NYSE:F) by 14.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 675,952 shares of the auto manufacturer’s stock after selling 113,122 shares during the quarter. Ford Motor comprises 1.9% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 10th largest position. D L Carlson Investment Group Inc.’s holdings in Ford Motor were worth $8,517,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in F. Chilton Capital Management LLC bought a new position in Ford Motor in the 1st quarter worth about $50,000. Pacific Center for Financial Services bought a new position in Ford Motor in the 1st quarter worth approximately $41,000. Waverly Advisors LLC grew its holdings in Ford Motor by 11.9% in the 1st quarter. Waverly Advisors LLC now owns 13,215 shares of the auto manufacturer’s stock worth $167,000 after buying an additional 1,403 shares in the last quarter. IMA Wealth Inc. increased its position in Ford Motor by 78.9% in the 1st quarter. IMA Wealth Inc. now owns 6,800 shares of the auto manufacturer’s stock valued at $86,000 after acquiring an additional 3,000 shares during the period. Finally, Carolinas Wealth Consulting LLC raised its stake in Ford Motor by 6.3% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 92,590 shares of the auto manufacturer’s stock valued at $1,167,000 after acquiring an additional 5,453 shares in the last quarter. Institutional investors own 52.73% of the company’s stock.

Analysts Set New Price Targets

F has been the topic of a number of research analyst reports. Barclays raised their price target on Ford Motor from $13.00 to $14.00 in a report on Monday, July 10th. Citigroup upped their price target on shares of Ford Motor from $16.00 to $17.00 in a research note on Wednesday, July 12th. Jefferies Financial Group lowered shares of Ford Motor from a “buy” rating to a “hold” rating and lowered their price objective for the company from $17.00 to $15.00 in a research note on Monday, July 31st. Daiwa Capital Markets upped their target price on Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research note on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.08.

Ford Motor Stock Up 1.9 %

NYSE:F opened at $12.45 on Wednesday. Ford Motor has a 1-year low of $10.90 and a 1-year high of $15.42. The firm has a market capitalization of $49.83 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 0.81 and a beta of 1.61. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.15. The business’s fifty day moving average price is $13.05 and its 200 day moving average price is $12.73.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, July 27th. The auto manufacturer reported $0.72 EPS for the quarter, topping the consensus estimate of $0.51 by $0.21. The business had revenue of $44.95 billion during the quarter, compared to analysts’ expectations of $43.17 billion. Ford Motor had a net margin of 2.44% and a return on equity of 20.48%. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the company posted $0.68 earnings per share. On average, sell-side analysts forecast that Ford Motor will post 2.11 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Tuesday, July 25th were given a $0.15 dividend. The ex-dividend date was Monday, July 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.82%. Ford Motor’s dividend payout ratio is currently 58.82%.

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.