Ford Motor (NYSE:F) Stake Lessened by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. decreased its holdings in shares of Ford Motor (NYSE:F) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 459,797 shares of the auto manufacturer’s stock after selling 6,356 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Ford Motor were worth $4,552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of F. Ballentine Partners LLC lifted its stake in shares of Ford Motor by 37.8% in the 4th quarter. Ballentine Partners LLC now owns 22,838 shares of the auto manufacturer’s stock valued at $226,000 after purchasing an additional 6,259 shares during the last quarter. Zhang Financial LLC lifted its position in shares of Ford Motor by 1.9% in the fourth quarter. Zhang Financial LLC now owns 163,564 shares of the auto manufacturer’s stock worth $1,619,000 after buying an additional 3,116 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Ford Motor by 11.3% during the 4th quarter. UMB Bank n.a. now owns 17,604 shares of the auto manufacturer’s stock worth $174,000 after acquiring an additional 1,785 shares in the last quarter. M.E. Allison & CO. Inc. acquired a new position in shares of Ford Motor during the 4th quarter valued at about $513,000. Finally, RoundAngle Advisors LLC bought a new position in shares of Ford Motor in the 4th quarter valued at approximately $866,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Ford Motor stock opened at $10.04 on Thursday. The business has a 50 day simple moving average of $10.35 and a 200 day simple moving average of $10.88. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a market capitalization of $39.88 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. Ford Motor has a one year low of $9.49 and a one year high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.39 EPS. On average, sell-side analysts forecast that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Ratings Changes

A number of research firms have issued reports on F. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $11.67.

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.