Bryn Mawr Capital Management LLC Reduces Stake in Ford Motor (NYSE:F)

Bryn Mawr Capital Management LLC lowered its holdings in Ford Motor (NYSE:F) by 9.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 133,609 shares of the auto manufacturer’s stock after selling 14,215 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Ford Motor were worth $1,323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of F. Patriot Financial Group Insurance Agency LLC lifted its holdings in Ford Motor by 29.4% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 52,855 shares of the auto manufacturer’s stock worth $558,000 after buying an additional 11,998 shares during the period. abrdn plc lifted its stake in shares of Ford Motor by 18.3% in the 3rd quarter. abrdn plc now owns 3,124,509 shares of the auto manufacturer’s stock valued at $32,792,000 after purchasing an additional 483,217 shares during the period. MONECO Advisors LLC lifted its stake in shares of Ford Motor by 15.2% in the 3rd quarter. MONECO Advisors LLC now owns 54,054 shares of the auto manufacturer’s stock valued at $571,000 after purchasing an additional 7,138 shares during the period. Fidelis Capital Partners LLC lifted its stake in shares of Ford Motor by 13.2% in the 3rd quarter. Fidelis Capital Partners LLC now owns 12,622 shares of the auto manufacturer’s stock valued at $140,000 after purchasing an additional 1,473 shares during the period. Finally, Childress Capital Advisors LLC lifted its stake in shares of Ford Motor by 29.4% in the 3rd quarter. Childress Capital Advisors LLC now owns 54,596 shares of the auto manufacturer’s stock valued at $577,000 after purchasing an additional 12,389 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.6 %

Ford Motor stock opened at $9.48 on Thursday. The firm has a market cap of $37.55 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 0.61 and a beta of 1.63. The stock has a fifty day simple moving average of $9.78 and a two-hundred day simple moving average of $10.42. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. 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 (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Equities analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

A number of research analysts have recently commented on F shares. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Bank of America lowered their target price 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. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Wells Fargo & Company reduced their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Three investment 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’s stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.