Lakeshore Financial Planning Inc. Sells 2,969 Shares of Ford Motor (NYSE:F)

Lakeshore Financial Planning Inc. lessened its position in shares of Ford Motor (NYSE:F) by 9.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,127 shares of the auto manufacturer’s stock after selling 2,969 shares during the period. Lakeshore Financial Planning Inc.’s holdings in Ford Motor were worth $269,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of F. Albion Financial Group UT grew its holdings in shares of Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC grew its holdings in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC lifted its stake in Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after acquiring an additional 1,024 shares during the period. Atlas Brown Inc. lifted its position in Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after buying an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC increased its holdings in Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. TD Cowen assumed coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price target for the company. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $11.50.

Ford Motor Stock Down 1.4 %

Shares of F opened at $10.03 on Friday. The stock has a market capitalization of $39.73 billion, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a 1 year low of $9.06 and a 1 year high of $14.85. The business’s 50 day simple moving average is $9.73 and its 200-day simple moving average is $10.31. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.99%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Ford Motor 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.