Bryn Mawr Capital Management LLC Reduces Holdings in Ford Motor (NYSE:F)

Bryn Mawr Capital Management LLC lessened its position in shares of Ford Motor (NYSE:F) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,609 shares of the auto manufacturer’s stock after selling 14,215 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Ford Motor were worth $1,323,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the 4th quarter worth about $26,000. Bank of Jackson Hole Trust purchased a new stake in Ford Motor during the 4th quarter worth about $29,000. Kentucky Trust Co purchased a new stake in Ford Motor during the 4th quarter worth about $31,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the 3rd quarter worth about $33,000. Finally, Crewe Advisors LLC lifted 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 worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $9.48 on Thursday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $37.55 billion, a PE ratio of 6.49, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The business’s 50-day moving average price is $9.78 and its 200-day moving average price is $10.42. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS 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%. Sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.33%. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Wells Fargo & Company decreased their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Finally, Bank of America decreased their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.