Avantax Planning Partners Inc. Sells 2,453 Shares of Ford Motor (NYSE:F)

Avantax Planning Partners Inc. reduced its holdings in shares of Ford Motor (NYSE:F) by 6.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,140 shares of the auto manufacturer’s stock after selling 2,453 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Ford Motor were worth $378,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after buying an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of 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 buying an additional 6,348,185 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after buying an additional 84,600 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Down 1.0 %

F stock opened at $9.60 on Thursday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market capitalization of $38.03 billion, a price-to-earnings ratio of 6.57, a PEG ratio of 0.61 and a beta of 1.59. The business’s fifty day moving average price is $9.71 and its two-hundred day moving average price is $10.35.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.25%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.77.

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.