Clarity Capital Partners LLC Sells 8,833 Shares of Ford Motor (NYSE:F)

Clarity Capital Partners LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 43.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,279 shares of the auto manufacturer’s stock after selling 8,833 shares during the period. Clarity Capital Partners LLC’s holdings in Ford Motor were worth $112,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the 4th quarter worth approximately $26,000. Reston Wealth Management LLC purchased a new stake in shares of Ford Motor in the third quarter worth $33,000. Kentucky Trust Co bought a new position in shares of Ford Motor during the fourth quarter valued at $31,000. Access Investment Management LLC bought a new position in shares of Ford Motor during the third quarter valued at $34,000. Finally, Crewe Advisors LLC raised its position in shares of 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 purchasing an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.3 %

Shares of NYSE:F opened at $9.24 on Thursday. The stock’s 50-day simple moving average is $10.00 and its two-hundred day simple moving average is $10.50. The stock has a market capitalization of $36.72 billion, a price-to-earnings ratio of 6.33, a PEG ratio of 1.80 and a beta of 1.63. Ford Motor has a 52-week low of $9.10 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.98 and a current ratio of 1.16.

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 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%. Analysts expect that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price 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.