Forvis Mazars Wealth Advisors LLC Sells 50,095 Shares of Ford Motor (NYSE:F)

Forvis Mazars Wealth Advisors LLC lessened its position in shares of Ford Motor (NYSE:F) by 42.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,388 shares of the auto manufacturer’s stock after selling 50,095 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Ford Motor were worth $677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of F. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new stake in Ford Motor in the fourth quarter valued at approximately $29,000. Reston Wealth Management LLC bought a new stake in Ford Motor during the third quarter valued at approximately $33,000. Kentucky Trust Co purchased a new position in Ford Motor in the 4th quarter worth approximately $31,000. Finally, Access Investment Management LLC bought a new position in shares of Ford Motor in the 3rd quarter worth $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. 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 on the stock in a research note on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Down 1.1 %

Shares of NYSE:F opened at $9.29 on Monday. The stock’s 50-day simple moving average is $9.81 and its two-hundred day simple moving average is $10.44. The stock has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63. Ford Motor has a 52-week low of $9.10 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business 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 annualized dividend and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

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.