Ford Motor (NYSE:F) Shares Sold by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC trimmed its holdings in shares of Ford Motor (NYSE:F) by 53.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,545 shares of the auto manufacturer’s stock after selling 16,483 shares during the quarter. Woodward Diversified Capital LLC’s holdings in Ford Motor were worth $144,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor during the 4th quarter valued at $26,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor during the third quarter worth $33,000. Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the last quarter. Access Investment Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $9.25 on Friday. The firm has a market cap of $36.76 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 1.96 and a beta of 1.63. The stock’s 50-day moving average is $10.10 and its two-hundred day moving average is $10.60. Ford Motor has a fifty-two week low of $9.18 and a fifty-two week high of $14.85. 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 (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. On average, analysts anticipate that Ford Motor will post 1.78 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on F. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. JPMorgan Chase & Co. decreased their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $12.04.

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.