SS&H Financial Advisors Inc. Lowers Stake in Ford Motor (NYSE:F)

SS&H Financial Advisors Inc. trimmed its holdings in Ford Motor (NYSE:F) by 8.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 33,450 shares of the auto manufacturer’s stock after selling 3,000 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in Ford Motor were worth $332,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Quarry LP acquired a new position in Ford Motor in the 2nd quarter valued at about $27,000. Kimelman & Baird LLC acquired a new stake in Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at approximately $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Up 0.7 %

Shares of NYSE F opened at $9.78 on Wednesday. The firm’s 50-day moving average is $10.44 and its two-hundred day moving average is $10.97. The company has a market capitalization of $38.87 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the prior year, the company earned $0.39 EPS. Ford Motor’s revenue was up 5.5% on a year-over-year basis. Equities analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.13%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

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.