Pinnacle Wealth Planning Services Inc. Sells 6,436 Shares of Ford Motor (NYSE:F)

Pinnacle Wealth Planning Services Inc. trimmed its stake in shares of Ford Motor (NYSE:F) by 20.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,107 shares of the auto manufacturer’s stock after selling 6,436 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Ford Motor were worth $249,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. Apollon Wealth Management LLC raised its stake in shares of Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after purchasing an additional 969 shares during the period. Albion Financial Group UT raised its stake in shares of Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC raised its stake in shares of Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the period. Angeles Wealth Management LLC raised its stake in shares of Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after purchasing an additional 1,024 shares during the period. Finally, Klingman & Associates LLC raised its stake in shares of Ford Motor by 3.4% during the 3rd quarter. Klingman & Associates LLC now owns 30,923 shares of the auto manufacturer’s stock worth $327,000 after purchasing an additional 1,025 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of a number of recent analyst reports. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Evercore ISI decreased their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, TD Cowen started coverage on Ford Motor in a report on Friday. They issued a “hold” rating and a $10.00 price objective for the company. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.77.

Ford Motor Stock Up 3.1 %

F stock opened at $9.91 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $39.26 billion, a PE ratio of 6.78, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The stock has a 50-day simple moving average of $9.72 and a two-hundred day simple moving average of $10.38.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.06%. Ford Motor’s payout ratio is 41.10%.

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.