Prosperity Consulting Group LLC Sells 29,804 Shares of Ford Motor (NYSE:F)

Prosperity Consulting Group LLC cut its position in shares of Ford Motor (NYSE:F - Free Report) by 35.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,124 shares of the auto manufacturer's stock after selling 29,804 shares during the quarter. Prosperity Consulting Group LLC's holdings in Ford Motor were worth $536,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Aquatic Capital Management LLC grew its holdings in Ford Motor by 39.5% in the fourth quarter. Aquatic Capital Management LLC now owns 2,437,708 shares of the auto manufacturer's stock worth $24,133,000 after purchasing an additional 689,808 shares during the period. Oxford Asset Management LLP acquired a new stake in Ford Motor in the fourth quarter worth $331,000. Bolthouse Investments LLC acquired a new stake in Ford Motor in the fourth quarter worth $101,000. Nebula Research & Development LLC acquired a new stake in Ford Motor in the fourth quarter worth $415,000. Finally, Stonebridge Capital Advisors LLC grew its holdings in Ford Motor by 16.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 16,831 shares of the auto manufacturer's stock worth $167,000 after purchasing an additional 2,325 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F stock traded up $0.14 on Tuesday, reaching $10.16. The company's stock had a trading volume of 141,791,392 shares, compared to its average volume of 72,897,481. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The company has a market capitalization of $40.27 billion, a P/E ratio of 6.96, a PEG ratio of 0.61 and a beta of 1.41. The stock's 50 day simple moving average is $9.65 and its 200-day simple moving average is $10.10.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. Ford Motor's payout ratio is 41.10%.

Wall Street Analyst Weigh In

F has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Finally, Citigroup initiated coverage on shares of Ford Motor in a report on Wednesday, April 23rd. They set a "neutral" rating and a $10.00 price objective for the company. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $9.77.

About Ford Motor

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.