Powell Investment Advisors LLC Lowers Stake in Ford Motor (NYSE:F)

Powell Investment Advisors LLC decreased its position in Ford Motor (NYSE:F) by 8.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,740 shares of the auto manufacturer’s stock after selling 2,847 shares during the quarter. Powell Investment Advisors LLC’s holdings in Ford Motor were worth $324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of F. Franklin Resources Inc. raised its holdings in Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after buying an additional 336,720 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor during the 3rd quarter valued at about $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new stake in Ford Motor in the 4th quarter worth approximately $10,853,000. Finally, ING Groep NV grew its position in shares of Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after buying an additional 570,293 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.04.

Ford Motor Stock Down 0.1 %

Shares of F stock opened at $9.25 on Monday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. Ford Motor has a one year low of $9.18 and a one year high of $14.85. The company’s fifty day moving average price is $10.06 and its 200-day moving average price is $10.54. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Sell-side analysts expect that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

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.