Alliance Wealth Advisors LLC Sells 4,950 Shares of Ford Motor (NYSE:F)

Alliance Wealth Advisors LLC trimmed its stake in Ford Motor (NYSE:F) by 16.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,851 shares of the auto manufacturer’s stock after selling 4,950 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Ford Motor were worth $246,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in F. Watts Gwilliam & Co. LLC bought a new stake in Ford Motor in the third quarter valued at approximately $149,000. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Ford Motor by 270.7% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 25,169 shares of the auto manufacturer’s stock valued at $266,000 after acquiring an additional 18,380 shares during the period. Next Level Private LLC lifted its holdings in Ford Motor by 32.0% during the 3rd quarter. Next Level Private LLC now owns 228,157 shares of the auto manufacturer’s stock valued at $2,409,000 after purchasing an additional 55,353 shares during the last quarter. Silverlake Wealth Management LLC boosted its position in Ford Motor by 15.1% during the third quarter. Silverlake Wealth Management LLC now owns 45,718 shares of the auto manufacturer’s stock worth $483,000 after purchasing an additional 6,012 shares during the period. Finally, Exchange Traded Concepts LLC increased its holdings in shares of Ford Motor by 250.5% in the third quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock valued at $330,000 after purchasing an additional 22,305 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Royal Bank of Canada lowered their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Finally, Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.04.

Ford Motor Trading Down 0.1 %

Shares of Ford Motor stock opened at $9.25 on Friday. The firm’s 50 day moving average is $10.06 and its 200 day moving average is $10.57. The firm has a market capitalization of $36.76 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 1 year low of $9.18 and a 1 year high of $14.85. The company has a current ratio of 1.16, a quick ratio of 0.98 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts forecast that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.49%. Ford Motor’s dividend payout ratio is presently 41.10%.

Ford Motor 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.