Ford Motor (NYSE:F) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 7.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 409,900 shares of the auto manufacturer’s stock after selling 33,451 shares during the quarter. Private Advisor Group LLC’s holdings in Ford Motor were worth $4,058,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor during the 4th quarter worth approximately $29,000. Kentucky Trust Co purchased a new position in Ford Motor in the 4th quarter worth approximately $31,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $33,000. Finally, Crewe Advisors LLC raised its stake 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 period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Royal Bank of Canada decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Bank of America decreased their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Trading Down 1.1 %

Ford Motor stock opened at $9.29 on Monday. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market cap of $36.80 billion, a P/E ratio of 6.36, a P/E/G ratio of 0.61 and a beta of 1.63. The company’s fifty day simple moving average is $9.81 and its 200-day simple moving average is $10.44.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate 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, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

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.