Lbp Am Sa Lowers Stock Position in Ford Motor (NYSE:F)

Lbp Am Sa trimmed its holdings in Ford Motor (NYSE:F) by 97.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,401 shares of the auto manufacturer’s stock after selling 1,088,456 shares during the quarter. Lbp Am Sa’s holdings in Ford Motor were worth $301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor in the 4th quarter valued at approximately $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter worth $31,000. Crewe Advisors LLC raised its stake in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the last quarter. Finally, Modus Advisors LLC bought a new position in shares of Ford Motor during the fourth quarter valued at $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 2.0 %

Shares of F stock opened at $9.73 on Monday. The company has a market capitalization of $38.54 billion, a price-to-earnings 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. The company’s fifty day moving average price is $9.71 and its 200-day moving average price is $10.33. Ford Motor has a one year low of $9.06 and a one year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. Sell-side analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. 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 report on Thursday, February 6th. TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Royal Bank of Canada cut their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a 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 issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.68.

About Ford Motor

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.