Apella Capital LLC Has $245,000 Stock Holdings in Ford Motor (NYSE:F)

Apella Capital LLC lowered its stake in Ford Motor (NYSE:F) by 8.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 24,731 shares of the auto manufacturer’s stock after selling 2,328 shares during the period. Apella Capital LLC’s holdings in Ford Motor were worth $245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Quarry LP acquired a new position in Ford Motor during the second quarter worth $27,000. Kimelman & Baird LLC bought a new position in shares of Ford Motor in the 2nd quarter valued at about $30,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor during the 3rd quarter worth about $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor in the 3rd quarter valued at about $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $34,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on F. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Stock Performance

NYSE F opened at $9.96 on Thursday. The firm has a 50-day moving average price of $10.44 and a two-hundred day moving average price of $10.97. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a market capitalization of $39.58 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.89 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 earnings per share. Analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.