Carolina Wealth Advisors LLC Has $5.33 Million Holdings in Ford Motor Company $F

Carolina Wealth Advisors LLC lessened its holdings in shares of Ford Motor Company (NYSE:F) by 2.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 491,362 shares of the auto manufacturer’s stock after selling 10,621 shares during the period. Ford Motor makes up approximately 2.6% of Carolina Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Carolina Wealth Advisors LLC’s holdings in Ford Motor were worth $5,331,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Advisors Capital Management LLC lifted its position in shares of Ford Motor by 9.6% during the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 1,100 shares during the last quarter. Tounjian Advisory Partners LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $974,000. FORA Capital LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $7,398,000. Generali Investments CEE investicni spolecnost a.s. lifted its position in shares of Ford Motor by 25.0% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock worth $3,009,000 after purchasing an additional 60,000 shares during the last quarter. Finally, Teza Capital Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth about $465,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on F. Royal Bank Of Canada boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Jefferies Financial Group upped their price target on Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a report on Monday, August 11th. The Goldman Sachs Group upped their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. JPMorgan Chase & Co. upped their price target on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Finally, Piper Sandler upped their price target on Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Reduce” and an average target price of $10.71.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $12.66 on Friday. The company has a market capitalization of $50.39 billion, a PE ratio of 16.23, a PEG ratio of 3.64 and a beta of 1.53. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.67. 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 stock’s fifty day simple moving average is $11.58 and its 200 day simple moving average is $10.82.

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

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio is 76.92%.

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.