Catalyst Capital Advisors LLC Cuts Stock Position in Ford Motor (NYSE:F)

Catalyst Capital Advisors LLC reduced its position in Ford Motor (NYSE:F) by 65.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,916 shares of the auto manufacturer’s stock after selling 21,009 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Ford Motor were worth $108,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the 4th quarter valued at about $26,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the 3rd quarter valued at about $33,000. Kentucky Trust Co purchased a new stake in Ford Motor during the 4th quarter valued at about $31,000. Access Investment Management LLC purchased a new stake in Ford Motor during the 3rd quarter valued at about $34,000. Finally, Crewe Advisors LLC boosted its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 2.0 %

Shares of NYSE:F opened at $9.30 on Wednesday. Ford Motor has a 52-week low of $9.10 and a 52-week high of $14.85. The firm has a market capitalization of $36.94 billion, a P/E ratio of 6.37, a P/E/G ratio of 1.80 and a beta of 1.63. The stock has a 50 day moving average price of $9.90 and a 200-day moving average price of $10.45. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.98 and a current ratio of 1.16.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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 research analysts anticipate that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on F shares. JPMorgan Chase & Co. dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. 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 report on Wednesday, October 30th. Finally, Bank of America dropped their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $11.89.

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.