Farther Finance Advisors LLC Cuts Stock Position in Ford Motor (NYSE:F)

Farther Finance Advisors LLC trimmed its position in shares of Ford Motor (NYSE:F) by 21.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,111 shares of the auto manufacturer’s stock after selling 9,042 shares during the period. Farther Finance Advisors LLC’s holdings in Ford Motor were worth $338,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Albion Financial Group UT grew its holdings in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. Brighton Jones LLC grew its holdings in Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares in the last quarter. Angeles Wealth Management LLC grew its holdings in Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares in the last quarter. Atlas Brown Inc. grew its holdings in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after purchasing an additional 1,047 shares in the last quarter. Finally, Cornerstone Wealth Group LLC grew its holdings in Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock valued at $113,000 after purchasing an additional 1,098 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

F has been the subject of a number of recent analyst reports. Wells Fargo & Company lowered their price target on shares of 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 reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Three equities research 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, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.68.

Ford Motor Trading Up 2.1 %

NYSE F opened at $9.94 on Tuesday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a 50-day simple moving average of $9.71 and a 200-day simple moving average of $10.32. 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 firm has a market capitalization of $39.38 billion, a PE ratio of 6.80, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.04%. Ford Motor’s dividend 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.