Global Retirement Partners LLC Cuts Position in Ford Motor (NYSE:F)

Global Retirement Partners LLC lowered its position in Ford Motor (NYSE:F) by 18.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,743 shares of the auto manufacturer’s stock after selling 12,163 shares during the quarter. Global Retirement Partners LLC’s holdings in Ford Motor were worth $522,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor in the fourth quarter valued at $29,000. Reston Wealth Management LLC acquired a new position in Ford Motor in the third quarter valued at $33,000. Kentucky Trust Co purchased a new position in shares of Ford Motor during the fourth quarter worth about $31,000. Finally, Access Investment Management LLC acquired a new stake in shares of Ford Motor during the third quarter worth about $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 1.1 %

Ford Motor stock opened at $9.29 on Monday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The firm’s 50-day moving average is $9.81 and its 200-day moving average is $10.44. The company has a market cap of $36.80 billion, a P/E ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates 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, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. Ford Motor’s payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

F has been the subject of several research analyst reports. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Finally, Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Three 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor 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.