WealthCare Investment Partners LLC Sells 1,853 Shares of Ford Motor (NYSE:F)

WealthCare Investment Partners LLC lessened its stake in shares of Ford Motor (NYSE:F) by 8.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,292 shares of the auto manufacturer’s stock after selling 1,853 shares during the period. WealthCare Investment Partners LLC’s holdings in Ford Motor were worth $186,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Blue Trust Inc. increased its position in Ford Motor by 110.7% during the 3rd quarter. Blue Trust Inc. now owns 33,199 shares of the auto manufacturer’s stock valued at $351,000 after buying an additional 17,441 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in Ford Motor by 6.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 96,156 shares of the auto manufacturer’s stock valued at $1,015,000 after purchasing an additional 5,481 shares during the last quarter. Eastern Bank purchased a new stake in Ford Motor during the 3rd quarter valued at $113,000. Leo Wealth LLC boosted its stake in Ford Motor by 8.3% during the 3rd quarter. Leo Wealth LLC now owns 19,489 shares of the auto manufacturer’s stock valued at $206,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Elevated Capital Advisors LLC boosted its stake in Ford Motor by 2.3% during the 3rd quarter. Elevated Capital Advisors LLC now owns 69,237 shares of the auto manufacturer’s stock valued at $731,000 after purchasing an additional 1,578 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $9.35 on Thursday. The company has a market capitalization of $37.04 billion, a PE ratio of 6.40, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The business’s fifty day moving average is $9.85 and its 200 day moving average is $10.44. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate 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 predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued 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 6.42%. Ford Motor’s dividend payout ratio is presently 41.10%.

Analyst Upgrades and Downgrades

Several analysts have commented on F shares. Royal Bank of Canada cut their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average 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.