Ford Motor (NYSE:F) Shares Sold by CVA Family Office LLC

CVA Family Office LLC reduced its position in Ford Motor (NYSE:F – Get Rating) by 40.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,180 shares of the auto manufacturer’s stock after selling 2,135 shares during the period. CVA Family Office LLC’s holdings in Ford Motor were worth $35,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Ford Motor by 8.9% in the 1st quarter. Vanguard Group Inc. now owns 325,338,615 shares of the auto manufacturer’s stock valued at $5,501,475,000 after purchasing an additional 26,707,784 shares during the period. Snider Financial Group raised its position in Ford Motor by 100,345.2% during the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock worth $3,717,000 after acquiring an additional 219,586,336 shares during the period. State Street Corp raised its position in Ford Motor by 2.3% during the fourth quarter. State Street Corp now owns 167,772,396 shares of the auto manufacturer’s stock worth $3,484,633,000 after acquiring an additional 3,739,938 shares during the period. Norges Bank acquired a new position in Ford Motor during the fourth quarter worth $780,129,000. Finally, Dimensional Fund Advisors LP raised its position in Ford Motor by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 24,771,739 shares of the auto manufacturer’s stock worth $418,988,000 after acquiring an additional 436,777 shares during the period. 49.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on F. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Ford Motor from $12.00 to $13.00 in a research report on Thursday, July 28th. StockNews.com upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, September 14th. Bank of America dropped their target price on shares of Ford Motor from $32.00 to $28.00 and set a “buy” rating for the company in a report on Friday, September 9th. Nomura raised shares of Ford Motor from a “reduce” rating to a “neutral” rating and set a $12.40 target price for the company in a report on Thursday, July 21st. Finally, The Goldman Sachs Group dropped their target price on shares of Ford Motor from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, June 1st. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $18.28.

Ford Motor Trading Down 12.3 %

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NYSE F opened at $13.09 on Wednesday. The firm’s 50-day moving average is $14.65 and its two-hundred day moving average is $14.32. Ford Motor has a 12 month low of $10.61 and a 12 month high of $25.87. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.16 and a quick ratio of 1.00. The stock has a market capitalization of $52.62 billion, a P/E ratio of 4.58, a PEG ratio of 0.85 and a beta of 1.29.

Ford Motor (NYSE:F – Get Rating) last posted its earnings results on Wednesday, July 27th. The auto manufacturer reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.24. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The company had revenue of $37.91 billion for the quarter, compared to analysts’ expectations of $35.17 billion. During the same quarter in the prior year, the company posted $0.13 earnings per share. Ford Motor’s revenue for the quarter was up 57.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 2.09 earnings per share for the current year.

Ford Motor Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Thursday, August 11th were given a $0.15 dividend. The ex-dividend date was Wednesday, August 10th. This represents a $0.60 dividend on an annualized basis and a yield of 4.58%. This is a boost from Ford Motor’s previous quarterly dividend of $0.10. Ford Motor’s dividend payout ratio is presently 20.98%.

Ford Motor Company Profile

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Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.