Wealth Alliance Advisory Group LLC Sells 1,700 Shares of Ford Motor (NYSE:F)

Wealth Alliance Advisory Group LLC trimmed its holdings in shares of Ford Motor (NYSE:F) by 2.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 57,733 shares of the auto manufacturer’s stock after selling 1,700 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in Ford Motor were worth $572,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP acquired a new stake in shares of Ford Motor during the 2nd quarter worth $27,000. Kimelman & Baird LLC bought a new stake in Ford Motor during the second quarter worth about $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor during the third quarter worth about $33,000. Access Investment Management LLC bought a new position in Ford Motor in the 3rd quarter valued at about $34,000. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 1.6 %

F opened at $10.17 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company’s 50 day moving average price is $10.38 and its two-hundred day moving average price is $10.94. The firm has a market capitalization of $40.43 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 earnings per share. As a group, research analysts predict that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on F shares. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.83.

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.