Atria Investments Inc Lowers Holdings in Ford Motor (NYSE:F)

Atria Investments Inc cut its holdings in Ford Motor (NYSE:F) by 29.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,777 shares of the auto manufacturer’s stock after selling 91,124 shares during the period. Atria Investments Inc’s holdings in Ford Motor were worth $2,156,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Keybank National Association OH increased its stake in Ford Motor by 9.5% in the 4th quarter. Keybank National Association OH now owns 122,266 shares of the auto manufacturer’s stock worth $1,210,000 after acquiring an additional 10,586 shares during the last quarter. Ariston Services Group bought a new stake in Ford Motor in the 4th quarter worth approximately $179,000. Ring Mountain Capital LLC bought a new stake in Ford Motor in the 4th quarter worth approximately $461,000. Commerzbank Aktiengesellschaft FI increased its stake in Ford Motor by 31.0% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 207,773 shares of the auto manufacturer’s stock worth $2,053,000 after acquiring an additional 49,175 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 3.1 %

F stock opened at $9.91 on Monday. The company has a market capitalization of $39.26 billion, a PE ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The firm’s 50-day moving average is $9.72 and its 200 day moving average is $10.38. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analyst Upgrades and Downgrades

F has been the topic of a number of research reports. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. TD Cowen started coverage on Ford Motor in a report on Friday. They set a “hold” rating and a $10.00 price target on the stock. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Bank of America cut their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $11.77.

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.