Foster & Motley Inc. Sells 15,419 Shares of Ford Motor (NYSE:F)

Foster & Motley Inc. decreased its holdings in shares of Ford Motor (NYSE:F) by 17.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,646 shares of the auto manufacturer’s stock after selling 15,419 shares during the quarter. Foster & Motley Inc.’s holdings in Ford Motor were worth $886,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. lifted its position in Ford Motor by 151.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,496,403 shares of the auto manufacturer’s stock worth $55,845,000 after purchasing an additional 2,707,038 shares during the period. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock worth $1,085,406,000 after purchasing an additional 2,657,650 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Ford Motor by 1,084.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after purchasing an additional 2,469,344 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in Ford Motor by 21.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock worth $153,421,000 after purchasing an additional 2,190,915 shares during the period. Finally, Quadrature Capital Ltd boosted its holdings in Ford Motor by 134.9% during the third quarter. Quadrature Capital Ltd now owns 3,630,986 shares of the auto manufacturer’s stock valued at $45,115,000 after purchasing an additional 2,085,031 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE:F opened at $12.95 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42. The stock has a market capitalization of $51.44 billion, a P/E ratio of 11.99, a P/E/G ratio of 1.02 and a beta of 1.63. The business has a 50-day moving average price of $12.59 and a two-hundred day moving average price of $11.77.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business had revenue of $43.21 billion during the quarter, compared to the consensus estimate of $43.06 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. Ford Motor’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were issued a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio is presently 55.56%.

Insiders Place Their Bets

In other news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on F shares. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research report on Wednesday, January 17th. Citigroup boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. Finally, Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $13.82.

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.