Dynamic Advisor Solutions LLC Sells 5,294 Shares of Ford Motor Company (NYSE:F)

Dynamic Advisor Solutions LLC cut its stake in Ford Motor Company (NYSE:F) by 7.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,779 shares of the auto manufacturer’s stock after selling 5,294 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Ford Motor were worth $640,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in F. Bank of Jackson Hole Trust bought a new position in Ford Motor during the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in Ford Motor during the fourth quarter valued at $30,000. Spurstone Advisory Services LLC purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $31,000. Wood Tarver Financial Group LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at $31,000. Finally, BankPlus Trust Department purchased a new stake in Ford Motor in the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of a number of recent analyst reports. Barclays upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 6th. Piper Sandler increased their target price on Ford Motor from $8.50 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 22nd. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. The Goldman Sachs Group boosted their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 6th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from a “market perform” rating to an “underperform” rating and dropped their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.03.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.43 on Thursday. The firm has a market cap of $41.46 billion, a P/E ratio of 8.34, a P/E/G ratio of 0.89 and a beta of 1.50. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The stock’s fifty day moving average price is $10.20 and its 200-day moving average price is $9.97.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The company’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. On average, equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.76%. Ford Motor’s dividend payout ratio (DPR) is currently 48.00%.

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.