SFE Investment Counsel Trims Stock Holdings in Ford Motor (NYSE:F)

SFE Investment Counsel reduced its position in Ford Motor (NYSE:F) by 19.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 413,580 shares of the auto manufacturer’s stock after selling 100,865 shares during the quarter. SFE Investment Counsel’s holdings in Ford Motor were worth $4,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of F. Hager Investment Management Services LLC acquired a new position in Ford Motor in the fourth quarter valued at $26,000. Kentucky Trust Co purchased a new stake in Ford Motor during the 4th quarter valued at approximately $31,000. Reston Wealth Management LLC acquired a new stake in Ford Motor during the 3rd quarter worth approximately $33,000. Crewe Advisors LLC grew its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the last quarter. Finally, Access Investment Management LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Ford Motor stock opened at $9.24 on Thursday. The firm has a market capitalization of $36.72 billion, a PE ratio of 6.33, a P/E/G ratio of 1.80 and a beta of 1.63. Ford Motor has a 52 week low of $9.10 and a 52 week high of $14.85. The firm’s 50-day simple moving average is $9.97 and its 200 day simple moving average is $10.49. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts predict that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on F shares. Evercore ISI decreased their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three 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. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.89.

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.