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Capital Investment Advisors LLC Lowers Position in Ford Motor (NYSE:F)

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Date: 2020-02-05 14:33:45

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Ford Motor logoCapital Investment Advisors LLC cut its stake in Ford Motor (NYSE:F) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 177,619 shares of the auto manufacturer’s stock after selling 19,087 shares during the quarter. Capital Investment Advisors LLC’s holdings in Ford Motor were worth $1,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in F. A.R.T. Advisors LLC bought a new stake in shares of Ford Motor in the second quarter worth approximately $533,000. AQR Capital Management LLC grew its stake in shares of Ford Motor by 759.7% in the second quarter. AQR Capital Management LLC now owns 425,456 shares of the auto manufacturer’s stock worth $4,352,000 after acquiring an additional 375,965 shares during the period. Coldstream Capital Management Inc. grew its stake in shares of Ford Motor by 9.7% in the second quarter. Coldstream Capital Management Inc. now owns 15,471 shares of the auto manufacturer’s stock worth $159,000 after acquiring an additional 1,364 shares during the period. UBS Asset Management Americas Inc. grew its stake in shares of Ford Motor by 12.6% in the second quarter. UBS Asset Management Americas Inc. now owns 17,612,371 shares of the auto manufacturer’s stock worth $180,175,000 after acquiring an additional 1,973,511 shares during the period. Finally, Centaurus Financial Inc. grew its position in Ford Motor by 8,714.5% during the second quarter. Centaurus Financial Inc. now owns 17,629 shares of the auto manufacturer’s stock valued at $180,000 after buying an additional 17,429 shares during the period. Hedge funds and other institutional investors own 53.49% of the company’s stock.

In other news, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $9.29, for a total value of $185,800.00. Following the transaction, the chief executive officer now owns 145,184 shares of the company’s stock, valued at $1,348,759.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 60,000 shares of company stock worth $541,400 in the last three months. Insiders own 0.83% of the company’s stock.

Shares of NYSE:F opened at $8.31 on Thursday. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.17 and a quick ratio of 1.04. Ford Motor has a 1-year low of $8.16 and a 1-year high of $10.56. The company has a market capitalization of $32.93 billion, a P/E ratio of 20.27, a P/E/G ratio of 1.01 and a beta of 1.09. The firm’s 50 day simple moving average is $9.19 and its two-hundred day simple moving average is $9.13.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 4th. The auto manufacturer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.05). Ford Motor had a return on equity of 15.53% and a net margin of 1.01%. The company had revenue of $39.70 billion during the quarter, compared to analysts’ expectations of $36.55 billion. During the same period last year, the firm posted $0.30 EPS. Ford Motor’s quarterly revenue was down 5.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor will post 1.24 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, January 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.22%. The ex-dividend date of this dividend is Wednesday, January 29th. Ford Motor’s dividend payout ratio (DPR) is presently 46.15%.

Several brokerages recently issued reports on F. ValuEngine lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Monday, December 30th. Bank of America cut their target price on shares of Ford Motor from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. cut their target price on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Wednesday. Credit Suisse Group restated an “outperform” rating on shares of Ford Motor in a research report on Tuesday, November 19th. Finally, Morgan Stanley restated a “buy” rating and set a $12.00 target price on shares of Ford Motor in a research report on Thursday, October 31st. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Ford Motor presently has an average rating of “Hold” and a consensus target price of $10.46.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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