Detalus Advisors LLC Cuts Holdings in Ford Motor (NYSE:F)

Detalus Advisors LLC decreased its position in Ford Motor (NYSE:F) by 45.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,457 shares of the auto manufacturer’s stock after selling 11,861 shares during the period. Detalus Advisors LLC’s holdings in Ford Motor were worth $143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Franklin Resources Inc. increased its stake in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after purchasing an additional 336,720 shares in the last quarter. NCP Inc. increased its stake in shares of Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after purchasing an additional 28,528 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor during the third quarter worth about $55,456,000. Finally, Alberta Investment Management Corp increased its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after purchasing an additional 91,300 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $9.54 on Monday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a market capitalization of $37.83 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.61 and a beta of 1.63. The company’s 50-day moving average is $9.77 and its two-hundred day moving average is $10.42. Ford Motor has a 1-year low of $9.10 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 net margin of 3.18% and a return on equity of 16.88%. Analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.29%. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

A number of analysts have recently commented on F shares. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Royal Bank of Canada lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. JPMorgan Chase & Co. lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $11.89.

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.