Alliance Wealth Advisors LLC Sells 4,950 Shares of Ford Motor (NYSE:F)

Alliance Wealth Advisors LLC cut its position in shares of Ford Motor (NYSE:F) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,851 shares of the auto manufacturer’s stock after selling 4,950 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Ford Motor were worth $246,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Meridian Financial Partners LLC grew its holdings in Ford Motor by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after purchasing an additional 953 shares during the period. Apollon Wealth Management LLC increased its position in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares in the last quarter. Pure Financial Advisors LLC raised its stake in Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after buying an additional 990 shares during the period. PBMares Wealth Management LLC boosted its holdings in Ford Motor by 9.0% in the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 991 shares in the last quarter. Finally, Pointe Capital Management LLC increased its holdings in shares of Ford Motor by 4.8% during the third quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Sanford C. Bernstein downgraded shares of 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. Bank of America lowered their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday. JPMorgan Chase & Co. decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.04.

Ford Motor Trading Down 0.1 %

NYSE:F opened at $9.25 on Friday. Ford Motor has a 12 month low of $9.18 and a 12 month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. The firm’s 50 day moving average is $10.06 and its 200 day moving average is $10.57. The stock has a market capitalization of $36.76 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts expect that Ford Motor will post 1.7 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.49%. Ford Motor’s dividend payout ratio (DPR) is 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.