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

Courier Capital LLC cut its position in Ford Motor (NYSE:F) by 8.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,704 shares of the auto manufacturer’s stock after selling 2,000 shares during the quarter. Courier Capital LLC’s holdings in Ford Motor were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in F. Quarry LP acquired a new position in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the second quarter worth $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the third quarter valued at $33,000. Access Investment Management LLC bought a new position in Ford Motor during the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC acquired a new position in Ford Motor during the 4th quarter worth $34,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on F shares. 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. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

Shares of F opened at $9.78 on Wednesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm’s 50 day moving average is $10.44 and its 200-day moving average is $10.97. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market capitalization of $38.87 billion, a P/E ratio of 11.11, a P/E/G ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. Equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given 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 6.13%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

About Ford Motor

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.