Blair William & Co. IL Cuts Stake in Ford Motor (NYSE:F)

Blair William & Co. IL lessened its holdings in Ford Motor (NYSE:F) by 20.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 233,946 shares of the auto manufacturer’s stock after selling 60,859 shares during the period. Blair William & Co. IL’s holdings in Ford Motor were worth $2,316,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Caisse Des Depots ET Consignations purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $3,773,000. AssuredPartners Investment Advisors LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $417,000. NEOS Investment Management LLC increased its position in shares of Ford Motor by 31.7% in the 4th quarter. NEOS Investment Management LLC now owns 242,435 shares of the auto manufacturer’s stock valued at $2,400,000 after purchasing an additional 58,393 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Ford Motor in the 4th quarter valued at $254,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Ford Motor by 8.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,079,496 shares of the auto manufacturer’s stock worth $60,065,000 after purchasing an additional 479,722 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F opened at $9.92 on Wednesday. The stock has a market capitalization of $39.30 billion, a P/E ratio of 6.79, a P/E/G ratio of 0.61 and a beta of 1.59. The company’s fifty day moving average is $9.74 and its two-hundred day moving average is $10.27. 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 has a 1 year low of $9.06 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. On average, sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.05%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on F. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. lowered their price target on Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, 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. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.37.

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.