Crestwood Advisors Group LLC Lowers Stock Position in Ford Motor (NYSE:F)

Crestwood Advisors Group LLC lessened its holdings in Ford Motor (NYSE:F) by 14.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,545 shares of the auto manufacturer’s stock after selling 1,994 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Ford Motor were worth $114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in F. Jacobs Levy Equity Management Inc. lifted its position in shares of Ford Motor by 112.8% during 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 acquiring an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after acquiring an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor during the 3rd quarter valued at approximately $55,456,000. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Ford Motor by 420.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after acquiring an additional 4,881,105 shares during the period. Finally, National Pension Service lifted its position in shares of Ford Motor by 19.7% during the 3rd quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock valued at $106,815,000 after acquiring an additional 1,663,460 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on F shares. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Finally, Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Trading Up 0.6 %

Shares of F opened at $9.48 on Thursday. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85. The stock has a fifty day moving average of $9.78 and a two-hundred day moving average of $10.42. The company has a market capitalization of $37.55 billion, a PE ratio of 6.49, 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.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.33%. Ford Motor’s dividend payout ratio is presently 41.10%.

About Ford Motor

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.