MCF Advisors LLC Trims Position in Ford Motor (NYSE:F)

MCF Advisors LLC trimmed its holdings in Ford Motor (NYSE:F) by 31.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,602 shares of the auto manufacturer’s stock after selling 18,056 shares during the quarter. MCF Advisors LLC’s holdings in Ford Motor were worth $382,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of F. Assenagon Asset Management S.A. boosted its position in Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after purchasing an additional 8,824,000 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 112.8% in 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 purchasing an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 4.5% in 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 purchasing an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor during the 3rd quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Ford Motor by 420.2% during the third 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 buying an additional 4,881,105 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on F. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Barclays reduced their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research 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 price target for the company. in a report on Thursday, November 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $11.83.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.44 on Wednesday. The stock has a market capitalization of $41.51 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 1.96 and a beta of 1.64. The firm’s fifty day simple moving average is $10.36 and its 200-day simple moving average is $10.89. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. Ford Motor’s dividend payout ratio is presently 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.