Ford Motor (NYSE:F) Shares Sold by Nemes Rush Group LLC

Nemes Rush Group LLC reduced its stake in Ford Motor (NYSE:F) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 915,572 shares of the auto manufacturer’s stock after selling 8,131 shares during the period. Nemes Rush Group LLC’s holdings in Ford Motor were worth $9,064,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Albion Financial Group UT grew its holdings in Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 1,000 shares during the period. Brighton Jones LLC grew its stake in shares of Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC raised its holdings in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after purchasing an additional 1,024 shares in the last quarter. Atlas Brown Inc. lifted its stake in Ford Motor by 1.7% during the fourth 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 during the last quarter. Finally, Cornerstone Wealth Group LLC boosted its holdings in Ford Motor by 10.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent research reports. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. TD Cowen assumed coverage on Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Bank of America dropped their price target on 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 lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $11.37.

Ford Motor Stock Performance

F stock opened at $10.05 on Tuesday. The firm has a 50 day moving average of $9.75 and a two-hundred day moving average of $10.27. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The company has a market capitalization of $39.81 billion, a price-to-earnings ratio of 6.88, a P/E/G 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.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. As a group, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given 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 yield of 5.97%. Ford Motor’s payout ratio is currently 41.10%.

Ford Motor Company 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.