Moors & Cabot Inc. Sells 46,656 Shares of Ford Motor (NYSE:F)

Moors & Cabot Inc. reduced its stake in shares of Ford Motor (NYSE:F) by 51.0% in the fourth quarter, Holdings Channel reports. The fund owned 44,841 shares of the auto manufacturer’s stock after selling 46,656 shares during the quarter. Moors & Cabot Inc.’s holdings in Ford Motor were worth $444,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new stake in Ford Motor in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter valued at approximately $31,000. Crewe Advisors LLC lifted its stake in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares in the last quarter. Finally, Modus Advisors LLC bought a new position in Ford Motor in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 2.0 %

Shares of NYSE F opened at $9.73 on Friday. The stock has a market capitalization of $38.54 billion, a P/E ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. 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 has a one year low of $9.06 and a one year high of $14.85. The firm’s 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $10.33.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.17%. Ford Motor’s payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on F shares. JPMorgan Chase & Co. 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 report on Friday, February 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada decreased their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, Evercore ISI cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.68.

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.