United Capital Financial Advisors LLC trimmed its position in Ford Motor (NYSE:F – Free Report) by 17.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,423 shares of the auto manufacturer’s stock after selling 11,297 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Ford Motor were worth $529,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new position in Ford Motor during the 4th quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor in the fourth quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the fourth quarter valued at about $30,000. Kentucky Trust Co bought a new stake in Ford Motor during the fourth quarter worth about $31,000. Finally, Crewe Advisors LLC grew its stake in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on F shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $9.00 price target (down previously from $11.00) on shares of Ford Motor in a report on Thursday, April 10th. TD Cowen assumed coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Sanford C. Bernstein lowered Ford Motor from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. Bank of America dropped 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. Finally, Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $10.30.
Ford Motor Stock Performance
Shares of Ford Motor stock opened at $9.63 on Monday. The business has a 50-day moving average price of $9.60 and a two-hundred day moving average price of $10.13. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $38.16 billion, a P/E ratio of 6.59, a PEG ratio of 0.61 and a beta of 1.41.
Ford Motor (NYSE:F – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) 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%. As a group, analysts anticipate 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 was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.23%. Ford Motor’s dividend payout ratio (DPR) is presently 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.
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