WealthCare Investment Partners LLC Sells 1,853 Shares of Ford Motor (NYSE:F)

WealthCare Investment Partners LLC reduced its holdings in Ford Motor (NYSE:F) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,292 shares of the auto manufacturer’s stock after selling 1,853 shares during the quarter. WealthCare Investment Partners LLC’s holdings in Ford Motor were worth $186,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Corps Capital Advisors LLC bought a new position in Ford Motor in the 4th quarter worth about $141,000. Emerald Advisors LLC increased its stake in Ford Motor by 12.6% in the 4th quarter. Emerald Advisors LLC now owns 29,514 shares of the auto manufacturer’s stock worth $292,000 after acquiring an additional 3,300 shares during the last quarter. Alberta Investment Management Corp increased its stake in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after acquiring an additional 91,300 shares during the last quarter. Werba Rubin Papier Wealth Management purchased a new position in shares of Ford Motor in the 4th quarter worth about $192,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the 4th quarter worth about $29,000. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 0.6 %

NYSE F opened at $9.35 on Thursday. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a 50 day simple moving average of $9.85 and a two-hundred day simple moving average of $10.44. The stock has a market cap of $37.04 billion, a P/E ratio of 6.40, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last released 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 forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed 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 6.42%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Ford Motor Company 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.