Prairie Sky Financial Group LLC Sells 1,240 Shares of Ford Motor (NYSE:F)

Prairie Sky Financial Group LLC trimmed its holdings in Ford Motor (NYSE:F) by 9.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,268 shares of the auto manufacturer’s stock after selling 1,240 shares during the quarter. Prairie Sky Financial Group LLC’s holdings in Ford Motor were worth $112,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Quarry LP bought a new stake in shares of Ford Motor in the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor during the 3rd quarter valued at approximately $33,000. Access Investment Management LLC purchased a new position in shares of Ford Motor in the third quarter valued at $34,000. Finally, Modus Advisors LLC bought a new stake in Ford Motor in the fourth quarter worth $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 1.6 %

Shares of NYSE F opened at $10.17 on Tuesday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market cap of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. The business has a fifty day simple moving average of $10.36 and a two-hundred day simple moving average of $10.89. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

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

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.90%. Ford Motor’s dividend payout ratio is currently 68.18%.

Analyst Ratings Changes

F has been the subject of several research reports. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average 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.