KMG Fiduciary Partners LLC Sells 15,272 Shares of Ford Motor (NYSE:F)

KMG Fiduciary Partners LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 235,060 shares of the auto manufacturer’s stock after selling 15,272 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Ford Motor were worth $2,327,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in F. Assenagon Asset Management S.A. grew its holdings in Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after buying an additional 8,824,000 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after buying an additional 6,348,185 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after buying an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor during the 3rd quarter valued at approximately $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after purchasing an additional 4,881,105 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.6 %

Shares of NYSE F opened at $10.01 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business has a fifty day simple moving average of $10.42 and a two-hundred day simple moving average of $10.96. The firm has a market cap of $39.76 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 EPS. Analysts expect that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Sanford C. Bernstein cut 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, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.83.

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.