Bigelow Investment Advisors LLC Cuts Stake in Ford Motor (NYSE:F)

Bigelow Investment Advisors LLC lowered its position in shares of Ford Motor (NYSE:F) by 49.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,467 shares of the auto manufacturer’s stock after selling 11,000 shares during the period. Bigelow Investment Advisors LLC’s holdings in Ford Motor were worth $114,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in F. Blue Trust Inc. increased its stake in shares of Ford Motor by 110.7% during the third 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 during the period. Foundations Investment Advisors LLC grew its stake in Ford Motor by 6.0% in the third 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 position in Ford Motor in the third quarter valued at about $113,000. Leo Wealth LLC grew its stake in Ford Motor by 8.3% in the third 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 grew its stake in Ford Motor by 2.3% in the third 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. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on F. Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. cut their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 0.6 %

Shares of NYSE:F opened at $9.35 on Thursday. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The company has a market capitalization of $37.04 billion, a PE ratio of 6.40, a PEG ratio of 0.61 and a beta of 1.63. The business has a 50 day moving average of $9.85 and a two-hundred day moving average of $10.44. 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 (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. As a group, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.