Ford Motor (NYSE:F) Shares Sold by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lessened its stake in shares of Ford Motor (NYSE:F) by 11.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 24,492 shares of the auto manufacturer’s stock after selling 3,115 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Ford Motor were worth $242,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of F. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC purchased a new position in Ford Motor during the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new stake in Ford Motor during the 4th quarter valued at $31,000. Finally, Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Down 1.8 %

F opened at $9.73 on Friday. The firm has a market cap of $38.54 billion, a P/E ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. 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 has a 50 day moving average price of $9.75 and a 200 day moving average price of $10.28. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. Research analysts forecast 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 was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analysts Set New Price Targets

Several research firms recently weighed in on F. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Piper Sandler decreased their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Royal Bank of Canada dropped their price objective on shares of 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. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.37.

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.