Ford Motor (NYSE:F) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd cut its holdings in shares of Ford Motor (NYSE:F) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 307,353 shares of the auto manufacturer’s stock after selling 3,390 shares during the period. Gulf International Bank UK Ltd’s holdings in Ford Motor were worth $3,042,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Apollon Wealth Management LLC increased its holdings in shares of Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the last quarter. Pure Financial Advisors LLC increased its holdings in Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after purchasing an additional 990 shares during the last quarter. Albion Financial Group UT increased its holdings in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC increased its holdings in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Angeles Wealth Management LLC increased its holdings in Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Ford Motor stock opened at $9.54 on Friday. The stock has a market cap of $37.83 billion, a P/E ratio of 6.54, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a fifty day simple moving average of $9.77 and a 200-day simple moving average of $10.41. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. 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 released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. Equities analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors 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 yield of 6.29%. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Evercore ISI dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Royal Bank of Canada dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $11.89.

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.