Premier Path Wealth Partners LLC Sells 2,505 Shares of Ford Motor (NYSE:F)

Premier Path Wealth Partners LLC cut its position in Ford Motor (NYSE:F) by 10.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,050 shares of the auto manufacturer’s stock after selling 2,505 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Ford Motor were worth $208,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Merit Financial Group LLC lifted its stake in shares of Ford Motor by 22.8% during the 4th quarter. Merit Financial Group LLC now owns 54,798 shares of the auto manufacturer’s stock valued at $542,000 after buying an additional 10,181 shares in the last quarter. Walker Asset Management LLC raised its holdings in Ford Motor by 30.4% during the 4th quarter. Walker Asset Management LLC now owns 21,574 shares of the auto manufacturer’s stock valued at $214,000 after acquiring an additional 5,024 shares during the period. CNB Bank lifted its position in shares of Ford Motor by 15.3% during the fourth quarter. CNB Bank now owns 28,889 shares of the auto manufacturer’s stock worth $286,000 after acquiring an additional 3,825 shares in the last quarter. Avanza Fonder AB bought a new position in shares of Ford Motor in the fourth quarter worth $3,999,000. Finally, Cohen Investment Advisors LLC grew its position in shares of Ford Motor by 4.6% in the fourth quarter. Cohen Investment Advisors LLC now owns 34,257 shares of the auto manufacturer’s stock valued at $339,000 after purchasing an additional 1,491 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $10.17 on Monday. The firm has a market cap of $40.43 billion, a P/E ratio of 11.56, a P/E/G ratio of 1.86 and a beta of 1.64. The firm’s fifty day moving average is $10.38 and its 200 day moving average is $10.92. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $45.13 billion. During the same quarter in the previous year, the business earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. Research analysts predict that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Ratings Changes

Several research analysts have commented on F shares. Deutsche Bank Aktiengesellschaft cut their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Jefferies Financial Group cut 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. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Finally, Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.83.

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.