Kapstone Financial Advisors LLC trimmed its stake in Ford Motor (NYSE:F – Free Report) by 7.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 24,302 shares of the auto manufacturer’s stock after selling 1,958 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in Ford Motor were worth $248,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV grew its holdings in Ford Motor by 26.6% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 24,903 shares of the auto manufacturer’s stock worth $263,000 after buying an additional 5,234 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Ford Motor by 4.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock worth $456,000 after acquiring an additional 2,004 shares during the period. Pure Financial Advisors LLC grew its stake in shares of Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after purchasing an additional 990 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Ford Motor by 49.3% during the third quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock valued at $10,546,000 after purchasing an additional 329,631 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Ford Motor by 4.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 3,805,352 shares of the auto manufacturer’s stock valued at $40,185,000 after purchasing an additional 146,376 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the stock. Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $11.89.
Ford Motor Trading Down 1.7 %
Shares of NYSE F opened at $9.39 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. The company has a market cap of $37.22 billion, a price-to-earnings ratio of 6.43, a P/E/G ratio of 0.61 and a beta of 1.63. The business has a fifty day simple moving average of $9.76 and a 200-day simple moving average of $10.41.
Ford Motor (NYSE:F – Get Free Report) last posted 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%. Sell-side analysts predict that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is 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.
Recommended Stories
- Five stocks we like better than Ford Motor
- Which Wall Street Analysts are the Most Accurate?
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What Are Some of the Best Large-Cap Stocks to Buy?
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What Are Treasury Bonds?
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor (NYSE:F – Free Report).
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.