Ford Motor (NYSE:F) Shares Sold by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC decreased its position in shares of Ford Motor (NYSE:F) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,163 shares of the auto manufacturer’s stock after selling 2,075 shares during the quarter. Allegiance Financial Group Advisory Services LLC’s holdings in Ford Motor were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of F. Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after buying an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor during the third quarter worth about $55,456,000. Caisse DE Depot ET Placement DU Quebec increased its stake in Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after purchasing an additional 4,881,105 shares during the period. Finally, National Pension Service increased its stake in Ford Motor by 19.7% during the third quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock worth $106,815,000 after purchasing an additional 1,663,460 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F opened at $9.48 on Thursday. The stock has a 50 day moving average price of $9.78 and a 200 day moving average price of $10.42. 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 company has a market capitalization of $37.55 billion, a price-to-earnings ratio of 6.49, a price-to-earnings-growth 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.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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%. Research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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 issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.33%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered 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 research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.89.

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.