Ford Motor (NYSE:F) Stock Holdings Trimmed by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC reduced its position in Ford Motor (NYSE:F) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,391 shares of the auto manufacturer’s stock after selling 5,000 shares during the quarter. Wellington Shields & Co. LLC’s holdings in Ford Motor were worth $182,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new position in Ford Motor in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor in the fourth quarter valued at approximately $29,000. Kentucky Trust Co acquired a new position in Ford Motor in the fourth quarter valued at approximately $31,000. Crewe Advisors LLC boosted its stake in Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Finally, Modus Advisors LLC acquired a new position in Ford Motor in the fourth quarter valued at approximately $34,000. 58.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on F. TD Cowen began coverage on Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Finally, Evercore ISI reduced 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 research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.77.

Ford Motor Price Performance

Shares of NYSE:F opened at $9.73 on Friday. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The stock has a market cap of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. The stock’s 50 day moving average price is $9.71 and its 200 day moving average price is $10.34. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last posted its quarterly earnings results 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 return on equity of 16.88% and a net margin of 3.18%. Equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. Ford Motor’s dividend payout ratio is currently 41.10%.

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.