Kingsview Wealth Management LLC Sells 21,891 Shares of Ford Motor (NYSE:F)

Kingsview Wealth Management LLC decreased its stake in Ford Motor (NYSE:F) by 17.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 102,020 shares of the auto manufacturer’s stock after selling 21,891 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Ford Motor were worth $1,010,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in F. Hager Investment Management Services LLC acquired a new position in Ford Motor in the 4th quarter valued at approximately $26,000. Reston Wealth Management LLC acquired a new position in Ford Motor in the 3rd quarter valued at approximately $33,000. Crewe Advisors LLC increased its position in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Access Investment Management LLC acquired a new position in Ford Motor in the 3rd quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new position in Ford Motor in the 4th quarter valued at approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.2 %

Ford Motor stock opened at $9.22 on Wednesday. Ford Motor has a 1-year low of $9.12 and a 1-year high of $14.85. The firm has a market capitalization of $36.65 billion, a price-to-earnings ratio of 6.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The firm’s fifty day moving average price is $10.03 and its two-hundred day moving average price is $10.51. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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%. On average, equities research analysts predict that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.51%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Bank of America decreased their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Wells Fargo & Company decreased 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 report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price 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.