Crossmark Global Holdings Inc. Sells 6,356 Shares of Ford Motor (NYSE:F)

Crossmark Global Holdings Inc. cut its stake in Ford Motor (NYSE:F) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 459,797 shares of the auto manufacturer’s stock after selling 6,356 shares during the period. Crossmark Global Holdings Inc.’s holdings in Ford Motor were worth $4,552,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Quarry LP bought a new stake in shares of Ford Motor during the second quarter worth approximately $27,000. Kimelman & Baird LLC acquired a new position in shares of Ford Motor in the 2nd quarter valued at $30,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor in the 3rd quarter worth $33,000. Access Investment Management LLC acquired a new stake in shares of Ford Motor during the third quarter worth $34,000. Finally, Modus Advisors LLC bought a new stake in Ford Motor in the fourth quarter valued at about $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

F has been the topic of several analyst reports. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.67.

Ford Motor Trading Down 3.8 %

Shares of NYSE:F opened at $10.04 on Thursday. The stock has a market capitalization of $39.88 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. The company’s 50-day moving average price is $10.35 and its two-hundred day moving average price is $10.88. 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 one year low of $9.49 and a one year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share. On average, equities analysts forecast that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. Ford Motor’s dividend payout ratio is presently 68.18%.

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.