Ford Motor (NYSE:F) Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its position in shares of Ford Motor (NYSE:F) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 220,873 shares of the auto manufacturer’s stock after selling 8,449 shares during the period. NewEdge Advisors LLC’s holdings in Ford Motor were worth $2,187,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new position in Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new position in Ford Motor during the 4th quarter valued at approximately $31,000. Finally, Crewe Advisors LLC grew its stake in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F opened at $9.48 on Tuesday. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The stock has a market capitalization of $37.57 billion, a P/E ratio of 6.49, a P/E/G ratio of 0.61 and a beta of 1.41. The firm’s 50 day moving average is $9.60 and its 200-day moving average is $10.12. 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 earnings per share (EPS) 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%. Equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.33%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is 41.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on F shares. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Barclays cut their price objective on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 15th. Royal Bank of Canada decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. UBS Group cut their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th. Finally, Bank of America decreased their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $10.30.

Ford Motor 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.