JBR Co Financial Management Inc Sells 9,000 Shares of Ford Motor (NYSE:F)

JBR Co Financial Management Inc lowered its position in Ford Motor (NYSE:F) by 23.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Fisher Funds Management LTD purchased a new position in shares of Ford Motor during the fourth quarter worth approximately $8,970,000. Winebrenner Capital Management LLC purchased a new position in shares of Ford Motor during the fourth quarter worth approximately $110,000. Dahring Cusmano LLC purchased a new position in shares of Ford Motor during the fourth quarter worth approximately $105,000. Transcend Capital Advisors LLC increased its position in shares of Ford Motor by 26.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 40,611 shares of the auto manufacturer’s stock worth $402,000 after acquiring an additional 8,538 shares during the period. Finally, Bradley Foster & Sargent Inc. CT purchased a new position in shares of Ford Motor during the fourth quarter worth approximately $223,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $9.29 on Friday. The firm’s fifty day simple moving average is $9.81 and its two-hundred day simple moving average is $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 has a 12-month low of $9.10 and a 12-month high of $14.85. The firm has a market capitalization 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 released its quarterly earnings results 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%. Analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

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 of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.46%. Ford Motor’s payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Bank of America reduced their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.89.

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.