Mainstay Capital Management LLC ADV Has $818,000 Stake in Ford Motor (NYSE:F)

Mainstay Capital Management LLC ADV reduced its stake in shares of Ford Motor (NYSE:F) by 2.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 82,590 shares of the auto manufacturer’s stock after selling 2,190 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in Ford Motor were worth $818,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of F. Partners Wealth Management LLC acquired a new stake in Ford Motor in the 4th quarter valued at $127,000. Delta Financial Group Inc. bought a new stake in Ford Motor in the 4th quarter valued at about $125,000. Howard Capital Management Inc. raised its position in shares of Ford Motor by 17.7% in the 4th quarter. Howard Capital Management Inc. now owns 54,077 shares of the auto manufacturer’s stock valued at $535,000 after buying an additional 8,135 shares in the last quarter. TCW Group Inc. raised its position in shares of Ford Motor by 222.5% in the 4th quarter. TCW Group Inc. now owns 173,444 shares of the auto manufacturer’s stock valued at $1,717,000 after buying an additional 119,656 shares in the last quarter. Finally, Fisher Funds Management LTD acquired a new position in Ford Motor during the 4th quarter worth approximately $8,970,000. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on F shares. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. 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 report on Thursday, February 6th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Performance

Shares of NYSE F opened at $9.29 on Monday. The firm has a fifty day moving average price of $9.81 and a 200-day moving average price of $10.44. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock has a market cap of $36.80 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. Equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal 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 issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Ford Motor 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.