Ford Motor (NYSE:F) Stake Decreased by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. lessened its holdings in shares of Ford Motor (NYSE:F) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,231 shares of the auto manufacturer’s stock after selling 1,114 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Ford Motor were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Ford Motor during the fourth quarter valued at approximately $475,899,000. Coatue Management LLC acquired a new position in Ford Motor in the fourth quarter worth approximately $149,152,000. Newport Trust Company LLC grew its position in Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares during the last quarter. Fisher Asset Management LLC grew its position in Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in Ford Motor by 1,084.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after buying an additional 2,469,344 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on F shares. Royal Bank of Canada lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective on the stock. Sanford C. Bernstein initiated coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective on the stock. Barclays lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Citigroup lifted their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $13.89.

Insider Transactions at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.80% of the company’s stock.

Ford Motor Stock Down 0.6 %

Shares of F stock traded down $0.07 on Wednesday, hitting $12.02. The company’s stock had a trading volume of 24,007,721 shares, compared to its average volume of 50,963,344. The stock has a market capitalization of $47.99 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 0.78 and a beta of 1.61. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The firm’s fifty day moving average price is $12.19 and its 200-day moving average price is $12.22.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 EPS. Research analysts anticipate that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.99%. Ford Motor’s payout ratio is 61.86%.

Ford Motor 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.