Dynamic Advisor Solutions LLC Sells 8,734 Shares of Ford Motor (NYSE:F)

Dynamic Advisor Solutions LLC lessened its holdings in Ford Motor (NYSE:F) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 102,407 shares of the auto manufacturer’s stock after selling 8,734 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Ford Motor were worth $1,081,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Olistico Wealth LLC acquired a new position in Ford Motor in the second quarter valued at about $25,000. Financial Synergies Wealth Advisors Inc. raised its stake in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares in the last quarter. Family Firm Inc. acquired a new position in Ford Motor during the second quarter worth about $26,000. Quarry LP acquired a new position in Ford Motor during the second quarter worth about $27,000. Finally, Fortis Group Advisors LLC raised its stake in Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on F. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada lowered their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. Wolfe Research initiated coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company lowered their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $12.72.

Ford Motor Stock Performance

Shares of F stock opened at $10.68 on Friday. The business’s 50 day simple moving average is $10.62 and its 200 day simple moving average is $11.88. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The stock has a market capitalization of $42.64 billion, a PE ratio of 11.01, a PEG ratio of 0.79 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.72 earnings per share. As a group, research analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

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.