Ford Motor Company $F Shares Sold by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC lowered its position in shares of Ford Motor Company (NYSE:F) by 6.8% in the second quarter, HoldingsChannel.com reports. The fund owned 44,101 shares of the auto manufacturer’s stock after selling 3,228 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Ford Motor were worth $478,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Natural Investments LLC raised its stake in shares of Ford Motor by 62.8% during the 2nd quarter. Natural Investments LLC now owns 16,821 shares of the auto manufacturer’s stock valued at $182,000 after buying an additional 6,488 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $25,000. Aberdeen Group plc raised its stake in shares of Ford Motor by 4.5% during the 2nd quarter. Aberdeen Group plc now owns 7,594,345 shares of the auto manufacturer’s stock valued at $81,601,000 after buying an additional 330,239 shares during the last quarter. PDS Planning Inc purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $152,000. Finally, Thompson Investment Management Inc. raised its stake in shares of Ford Motor by 243.2% during the 2nd quarter. Thompson Investment Management Inc. now owns 3,394 shares of the auto manufacturer’s stock valued at $37,000 after buying an additional 2,405 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE:F opened at $11.43 on Monday. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.80. The stock has a 50 day moving average of $11.67 and a two-hundred day moving average of $10.89. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The firm has a market cap of $45.47 billion, a P/E ratio of 14.65, a price-to-earnings-growth ratio of 3.26 and a beta of 1.53.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, August 11th. Ford Motor’s payout ratio is 76.92%.

Analysts Set New Price Targets

F has been the subject of a number of recent research reports. Jefferies Financial Group upgraded Ford Motor from an “underperform” rating to a “hold” rating and lifted their price objective for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Ford Motor in a research note on Saturday, September 27th. Piper Sandler upped their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Finally, Wells Fargo & Company upped their price target on Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a report on Friday, October 3rd. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.04.

Ford Motor Company 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.