Ford Motor (NYSE:F) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its position in shares of Ford Motor (NYSE:F) by 20.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 47,583 shares of the auto manufacturer’s stock after selling 12,064 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Ford Motor were worth $471,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Ford Motor by 4.5% in the 2nd quarter. Brighton Jones LLC now owns 26,856 shares of the auto manufacturer’s stock valued at $337,000 after acquiring an additional 1,145 shares during the last quarter. Ieq Capital LLC boosted its holdings in Ford Motor by 9.3% in the second quarter. Ieq Capital LLC now owns 152,227 shares of the auto manufacturer’s stock valued at $1,909,000 after purchasing an additional 12,897 shares during the last quarter. Canada Pension Plan Investment Board grew its position in Ford Motor by 4.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,372,643 shares of the auto manufacturer’s stock worth $17,213,000 after purchasing an additional 53,831 shares during the period. Summit Trail Advisors LLC raised its stake in shares of Ford Motor by 204.9% during the 2nd quarter. Summit Trail Advisors LLC now owns 71,635 shares of the auto manufacturer’s stock valued at $898,000 after buying an additional 48,138 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its holdings in shares of Ford Motor by 40.5% in the 2nd quarter. Ensign Peak Advisors Inc now owns 589,197 shares of the auto manufacturer’s stock valued at $7,389,000 after buying an additional 169,725 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE F opened at $10.17 on Tuesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock’s 50 day simple moving average is $10.38 and its 200-day simple moving average is $10.91. The company has a market cap of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter last year, the firm posted $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.90%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Barclays lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.83.

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.