Ford Motor (NYSE:F) Stock Holdings Decreased by Wedmont Private Capital

Wedmont Private Capital trimmed its position in Ford Motor (NYSE:F) by 12.0% in the fourth quarter, Holdings Channel reports. The firm owned 14,837 shares of the auto manufacturer’s stock after selling 2,019 shares during the quarter. Wedmont Private Capital’s holdings in Ford Motor were worth $143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Meridian Financial Partners LLC raised its holdings in shares of Ford Motor by 1.1% during 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 grew its position in shares of Ford Motor by 1.1% during 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 during the last quarter. Beaird Harris Wealth Management LLC raised its stake in Ford Motor by 3.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after acquiring an additional 982 shares during the period. Pure Financial Advisors LLC lifted its holdings in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the last quarter. Finally, PBMares Wealth Management LLC boosted its stake 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 valued at $126,000 after acquiring an additional 991 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.17 on Friday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The firm has a market cap of $40.43 billion, a P/E ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. The stock has a fifty day moving average price of $10.40 and a two-hundred day moving average price of $10.96. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

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

Ford Motor Announces Dividend

The firm also recently announced 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. This represents a $0.60 annualized dividend and a yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on F. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Barclays dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $11.83.

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.