Kestra Private Wealth Services LLC Decreases Position in Ford Motor (NYSE:F)

Kestra Private Wealth Services LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 415,917 shares of the auto manufacturer’s stock after selling 13,457 shares during the period. Kestra Private Wealth Services LLC’s holdings in Ford Motor were worth $4,118,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth $26,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the 3rd quarter worth $33,000. Access Investment Management LLC purchased a new position in Ford Motor in the 3rd quarter worth $34,000. Crewe Advisors LLC raised its stake in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.2 %

F stock opened at $9.26 on Tuesday. 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 has a 12-month low of $9.12 and a 12-month high of $14.85. The stock has a market cap of $36.78 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63. The business’s 50-day moving average is $10.06 and its 200 day moving average is $10.52.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts anticipate that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.48%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Wall Street Analyst Weigh In

F has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Jefferies Financial Group lowered 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, Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.89.

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.