Ford Motor (NYSE:F) Shares Sold by JBR Co Financial Management Inc

JBR Co Financial Management Inc reduced its stake in shares of Ford Motor (NYSE:F) by 23.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,691 shares of the auto manufacturer’s stock after selling 9,000 shares during the period. JBR Co Financial Management Inc’s holdings in Ford Motor were worth $294,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the fourth quarter worth about $29,000. Kentucky Trust Co acquired a new position in shares of Ford Motor in the fourth quarter worth about $31,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor in the third quarter worth about $33,000. Finally, Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on F. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Wells Fargo & Company cut their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Performance

Shares of F stock opened at $9.29 on Friday. The firm’s 50 day moving average price is $9.81 and its 200-day moving average price is $10.44. 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 has a one year low of $9.10 and a one year high of $14.85. The firm has a market cap of $36.80 billion, a P/E ratio of 6.36, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. As a group, equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. Ford Motor’s dividend payout ratio (DPR) 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.