Wealth Advisory Solutions LLC Trims Holdings in Ford Motor (NYSE:F)

Wealth Advisory Solutions LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 8.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,781 shares of the auto manufacturer’s stock after selling 1,861 shares during the period. Wealth Advisory Solutions LLC’s holdings in Ford Motor were worth $206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Franklin Resources Inc. grew its holdings in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. lifted its position in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after acquiring an additional 28,528 shares during the period. Principal Financial Group Inc. grew its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $55,456,000. Finally, Alberta Investment Management Corp raised its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after purchasing an additional 91,300 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Down 2.7 %

Ford Motor stock opened at $9.14 on Wednesday. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The firm has a market capitalization of $36.21 billion, a price-to-earnings ratio of 6.26, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The stock’s fifty day moving average is $9.74 and its two-hundred day moving average is $10.40. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. Analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 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, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wells Fargo & Company dropped their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.89.

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.