SeaCrest Wealth Management LLC Has $441,000 Position in Ford Motor (NYSE:F)

SeaCrest Wealth Management LLC lessened its holdings in shares of Ford Motor (NYSE:F) by 28.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 44,581 shares of the auto manufacturer’s stock after selling 18,006 shares during the period. SeaCrest Wealth Management LLC’s holdings in Ford Motor were worth $441,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Quarry LP bought a new position in Ford Motor during the 2nd quarter worth approximately $27,000. Kimelman & Baird LLC acquired a new stake in Ford Motor in the second quarter worth $30,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor during the third quarter worth $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

NYSE F opened at $10.01 on Friday. The firm has a market capitalization of $39.76 billion, a P/E ratio of 11.37, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm’s fifty day moving average price is $10.42 and its two-hundred day moving average price is $10.96. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

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

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.00%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

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.