Canvas Wealth Advisors LLC Sells 1,280 Shares of Ford Motor (NYSE:F)

Canvas Wealth Advisors LLC lowered its position in shares of Ford Motor (NYSE:F) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,955 shares of the auto manufacturer’s stock after selling 1,280 shares during the period. Canvas Wealth Advisors LLC’s holdings in Ford Motor were worth $118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its stake in Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after acquiring an additional 8,824,000 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Ford Motor by 112.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after purchasing an additional 6,348,185 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after purchasing an additional 4,881,105 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.2 %

Shares of F opened at $9.26 on Tuesday. The company has a market capitalization of $36.78 billion, a PE ratio of 6.34, a PEG 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. The stock’s 50-day moving average price is $10.06 and its two-hundred day moving average price is $10.52. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.48%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analyst Weigh In

F has been the topic of a number of research analyst reports. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft reduced their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target 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.