Klingman & Associates LLC Sells 5,557 Shares of Ford Motor (NYSE:F)

Klingman & Associates LLC reduced its holdings in Ford Motor (NYSE:F) by 18.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 25,366 shares of the auto manufacturer’s stock after selling 5,557 shares during the quarter. Klingman & Associates LLC’s holdings in Ford Motor were worth $251,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $26,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor during the 3rd quarter valued at about $33,000. Kentucky Trust Co bought a new position in shares of Ford Motor during the 4th quarter valued at about $31,000. Access Investment Management LLC bought a new position in shares of Ford Motor during the 3rd quarter valued at about $34,000. Finally, Crewe Advisors LLC increased its position in shares of Ford Motor by 169.9% during 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. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on F. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Wells Fargo & Company dropped their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 0.6 %

NYSE F opened at $9.35 on Thursday. The stock has a market cap of $37.04 billion, a P/E ratio of 6.40, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a 50 day simple moving average of $9.85 and a two-hundred day simple moving average of $10.44. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. On average, analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is presently 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.