Lincoln Capital Corp Cuts Stock Holdings in Ford Motor (NYSE:F)

Lincoln Capital Corp lessened its holdings in Ford Motor (NYSE:F) by 33.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,639 shares of the auto manufacturer’s stock after selling 10,386 shares during the quarter. Lincoln Capital Corp’s holdings in Ford Motor were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new stake in Ford Motor in the second quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the third quarter valued at about $33,000. Access Investment Management LLC bought a new stake in Ford Motor in the third quarter valued at about $34,000. Finally, Modus Advisors LLC bought a new position in Ford Motor in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 1.2 %

Shares of NYSE F opened at $10.16 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market cap of $40.36 billion, a price-to-earnings ratio of 11.54, a P/E/G ratio of 2.01 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company’s fifty day moving average is $10.33 and its 200-day moving average is $10.87.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share. Equities research analysts predict that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research report on Wednesday. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $11.67.

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.