Level Four Advisory Services LLC Sells 1,148 Shares of Ford Motor (NYSE:F)

Level Four Advisory Services LLC cut its position in Ford Motor (NYSE:F) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,403 shares of the auto manufacturer’s stock after selling 1,148 shares during the quarter. Level Four Advisory Services LLC’s holdings in Ford Motor were worth $756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Ford Motor during the third quarter worth approximately $186,000. Townsquare Capital LLC grew its position in Ford Motor by 8.9% during the third quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock worth $994,000 after buying an additional 7,650 shares in the last quarter. Freedom Investment Management Inc. increased its stake in Ford Motor by 8.6% during the 3rd quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock worth $153,000 after acquiring an additional 1,142 shares during the period. Fiduciary Trust Co raised its holdings in Ford Motor by 74.5% in the 3rd quarter. Fiduciary Trust Co now owns 25,406 shares of the auto manufacturer’s stock valued at $268,000 after acquiring an additional 10,847 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its position in shares of Ford Motor by 9.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after acquiring an additional 14,600 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on F shares. Wells Fargo & Company decreased their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada reduced 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. Bank of America decreased their price objective 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. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Price Performance

Shares of F opened at $9.73 on Monday. The stock has a market cap of $38.54 billion, a PE ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business has a 50-day simple moving average of $9.75 and a two-hundred day simple moving average of $10.28. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.17%. Ford Motor’s dividend payout ratio (DPR) 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.