MONECO Advisors LLC Decreases Stock Position in Ford Motor (NYSE:F)

MONECO Advisors LLC reduced its stake in Ford Motor (NYSE:F) by 20.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 42,845 shares of the auto manufacturer’s stock after selling 11,209 shares during the period. MONECO Advisors LLC’s holdings in Ford Motor were worth $424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new position in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor during the fourth quarter valued at $29,000. Reston Wealth Management LLC bought a new stake in Ford Motor during the third quarter valued at $33,000. Kentucky Trust Co bought a new stake in Ford Motor during the fourth quarter valued at $31,000. Finally, Access Investment Management LLC bought a new stake in Ford Motor during the third quarter valued at $34,000. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

F has been the subject of several research analyst reports. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. JPMorgan Chase & Co. dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, Evercore ISI lowered their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Stock Up 0.8 %

F opened at $9.36 on Tuesday. The company has a market cap of $37.08 billion, a P/E ratio of 6.41, a P/E/G ratio of 0.61 and a beta of 1.63. The business’s 50-day moving average price is $9.80 and its 200-day moving average price is $10.43. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. On average, equities analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.41%. Ford Motor’s dividend payout ratio is presently 41.10%.

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.