Powell Investment Advisors LLC Sells 2,847 Shares of Ford Motor (NYSE:F)

Powell Investment Advisors LLC reduced its position in shares of Ford Motor (NYSE:F) by 8.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 32,740 shares of the auto manufacturer’s stock after selling 2,847 shares during the quarter. Powell Investment Advisors LLC’s holdings in Ford Motor were worth $324,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of F. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Ford Motor by 270.7% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 25,169 shares of the auto manufacturer’s stock worth $266,000 after purchasing an additional 18,380 shares during the period. Silverlake Wealth Management LLC lifted its position in Ford Motor by 15.1% in the third quarter. Silverlake Wealth Management LLC now owns 45,718 shares of the auto manufacturer’s stock worth $483,000 after buying an additional 6,012 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in Ford Motor by 250.5% during the third quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock worth $330,000 after buying an additional 22,305 shares during the period. Disciplined Equity Management Inc. increased its position in Ford Motor by 4.6% during the third quarter. Disciplined Equity Management Inc. now owns 86,440 shares of the auto manufacturer’s stock valued at $913,000 after acquiring an additional 3,810 shares during the last quarter. Finally, Polianta Ltd lifted its holdings in shares of Ford Motor by 13.6% in the 3rd quarter. Polianta Ltd now owns 104,500 shares of the auto manufacturer’s stock worth $1,103,000 after acquiring an additional 12,500 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Royal Bank of Canada dropped their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three 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 a consensus target price of $12.04.

Ford Motor Trading Down 0.1 %

NYSE:F opened at $9.25 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $36.76 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63. The firm has a 50 day moving average of $10.06 and a 200 day moving average of $10.54. Ford Motor has a 52 week low of $9.18 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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, sell-side analysts anticipate that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.49%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

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.