Douglas Lane & Associates LLC Sells 111,582 Shares of Ford Motor (NYSE:F)

Douglas Lane & Associates LLC reduced its holdings in shares of Ford Motor (NYSE:F) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,095,910 shares of the auto manufacturer’s stock after selling 111,582 shares during the period. Douglas Lane & Associates LLC’s holdings in Ford Motor were worth $20,750,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in F. Los Angeles Capital Management LLC lifted its position in Ford Motor by 53.6% during the second quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after purchasing an additional 10,999 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Ford Motor by 191.8% during the 2nd quarter. Acadian Asset Management LLC now owns 873,156 shares of the auto manufacturer’s stock valued at $10,945,000 after buying an additional 573,904 shares in the last quarter. Caprock Group LLC grew its stake in shares of Ford Motor by 77.6% during the 2nd quarter. Caprock Group LLC now owns 68,117 shares of the auto manufacturer’s stock valued at $854,000 after acquiring an additional 29,753 shares during the period. Ballentine Partners LLC increased its holdings in Ford Motor by 16.6% in the 2nd quarter. Ballentine Partners LLC now owns 23,671 shares of the auto manufacturer’s stock worth $297,000 after acquiring an additional 3,371 shares in the last quarter. Finally, Prudential PLC raised its stake in Ford Motor by 45.4% during the 2nd quarter. Prudential PLC now owns 59,160 shares of the auto manufacturer’s stock worth $742,000 after acquiring an additional 18,467 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $11.83.

Ford Motor Price Performance

Shares of NYSE F traded down $0.09 during mid-day trading on Wednesday, hitting $9.67. 43,986,757 shares of the company’s stock traded hands, compared to its average volume of 62,313,918. The company’s 50-day moving average is $10.51 and its two-hundred day moving average is $11.06. 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 has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market capitalization of $38.43 billion, a P/E ratio of 10.99, a PEG ratio of 1.89 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 EPS. On average, equities analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.20%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.