Ford Motor (NYSE:F) Shares Sold by Mount Lucas Management LP

Mount Lucas Management LP reduced its holdings in shares of Ford Motor (NYSE:F) by 4.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 73,364 shares of the auto manufacturer’s stock after selling 3,587 shares during the period. Mount Lucas Management LP’s holdings in Ford Motor were worth $726,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor during the 4th quarter worth $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $29,000. Kentucky Trust Co acquired a new position in shares of Ford Motor during the fourth quarter worth about $31,000. Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% during the fourth 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 in the last quarter. Finally, Access Investment Management LLC acquired a new stake in Ford Motor in the third quarter valued at about $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. TD Cowen started coverage on Ford Motor in a research report on Friday. They set a “hold” rating and a $10.00 target price on the stock. Royal Bank of Canada dropped their price objective 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. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Evercore ISI reduced their price objective 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. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.77.

Ford Motor Trading Up 3.1 %

Shares of Ford Motor stock opened at $9.91 on Monday. The business has a 50 day moving average price of $9.72 and a 200 day moving average price of $10.38. The company has a market capitalization of $39.26 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 1 year low of $9.06 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. Sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

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.