Cutter & CO Brokerage Inc. Has $292,000 Holdings in Ford Motor (NYSE:F)

Cutter & CO Brokerage Inc. cut its holdings in shares of Ford Motor (NYSE:F) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,464 shares of the auto manufacturer’s stock after selling 1,393 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Ford Motor were worth $292,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jacobs Levy Equity Management Inc. grew its position in Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 4.5% during the third 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 acquiring an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter valued at $55,456,000. Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of Ford Motor by 420.2% during the third 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 acquiring an additional 4,881,105 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in shares of Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock valued at $28,444,000 after acquiring an additional 2,488,850 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on F. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft decreased 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. Evercore ISI decreased their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Performance

Shares of NYSE F opened at $9.42 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. The stock has a 50 day moving average of $9.79 and a 200-day moving average of $10.43. The company has a market capitalization of $37.32 billion, a P/E ratio of 6.45, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its 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 return on equity of 16.88% and a net margin of 3.18%. As a group, equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.37%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.