Ford Motor (NYSE:F) Shares Sold by L.M. Kohn & Company

L.M. Kohn & Company trimmed its stake in Ford Motor (NYSE:F) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 28,977 shares of the auto manufacturer’s stock after selling 2,257 shares during the quarter. L.M. Kohn & Company’s holdings in Ford Motor were worth $287,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Apollon Wealth Management LLC grew its holdings in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after buying an additional 990 shares in the last quarter. PBMares Wealth Management LLC boosted its stake in Ford Motor by 9.0% during the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after purchasing an additional 991 shares in the last quarter. Pointe Capital Management LLC boosted its stake in Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Albion Financial Group UT boosted its stake in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on F. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft decreased their price target 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. Bank of America decreased their price target 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 decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Wells Fargo & Company decreased their price target 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. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $9.48 on Monday. The stock has a market cap of $37.66 billion, a PE ratio of 6.49, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The business has a fifty day simple moving average of $9.92 and a 200-day simple moving average of $10.47. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last issued 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 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 Dividend Announcement

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 given a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.33%. Ford Motor’s payout ratio is 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.