Ford Motor (NYSE:F) Shares Sold by Fishman Jay A Ltd. MI

Fishman Jay A Ltd. MI lowered its position in shares of Ford Motor (NYSE:F) by 26.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,771 shares of the auto manufacturer’s stock after selling 5,000 shares during the quarter. Fishman Jay A Ltd. MI’s holdings in Ford Motor were worth $136,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor during the 4th quarter worth about $26,000. Reston Wealth Management LLC acquired a new position in Ford Motor during the third quarter worth approximately $33,000. Crewe Advisors LLC increased its position 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 purchasing an additional 2,068 shares during the last quarter. Access Investment Management LLC purchased a new position in Ford Motor during the third quarter worth approximately $34,000. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Ford Motor stock opened at $9.22 on Wednesday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The firm’s fifty day moving average price is $10.03 and its 200 day moving average price is $10.51. The company has a market capitalization of $36.65 billion, a price-to-earnings ratio of 6.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 12-month low of $9.12 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. On average, research analysts forecast that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.51%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on F. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Evercore ISI dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has a consensus 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.