Total Clarity Wealth Management Inc. Sells 60,063 Shares of Ford Motor Company $F

Total Clarity Wealth Management Inc. lowered its stake in Ford Motor Company (NYSE:F) by 47.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,761 shares of the auto manufacturer’s stock after selling 60,063 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $759,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Grove Bank & Trust raised its holdings in Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the last quarter. MV Capital Management Inc. purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $25,000. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $26,000. McMillan Office Inc. bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $26,000. Finally, Johnson Financial Group Inc. raised its holdings in Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.5%

F stock opened at $14.04 on Wednesday. Ford Motor Company has a 1-year low of $10.42 and a 1-year high of $17.78. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The company has a market capitalization of $55.95 billion, a price-to-earnings ratio of -9.06, a PEG ratio of 0.31 and a beta of 1.79. The business has a 50 day simple moving average of $13.78 and a two-hundred day simple moving average of $13.34.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. Research analysts anticipate that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. Citigroup boosted their price target on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. The Goldman Sachs Group upped their price target on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, May 15th. Finally, UBS Group lifted their price objective on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $14.63.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.