Asset Allocation & Management Company LLC Sells 20,000 Shares of Ford Motor (NYSE:F)

Asset Allocation & Management Company LLC lessened its stake in Ford Motor (NYSE:F) by 40.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,000 shares of the auto manufacturer’s stock after selling 20,000 shares during the period. Asset Allocation & Management Company LLC’s holdings in Ford Motor were worth $297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Capital Investment Advisors LLC boosted its stake in shares of Ford Motor by 5.7% during the 4th quarter. Capital Investment Advisors LLC now owns 66,626 shares of the auto manufacturer’s stock worth $660,000 after acquiring an additional 3,599 shares during the last quarter. Brookstone Capital Management boosted its holdings in Ford Motor by 29.7% in the 4th quarter. Brookstone Capital Management now owns 1,238,452 shares of the auto manufacturer’s stock worth $12,261,000 after buying an additional 283,323 shares during the period. City State Bank boosted its holdings in Ford Motor by 6.2% in the 4th quarter. City State Bank now owns 32,107 shares of the auto manufacturer’s stock worth $318,000 after buying an additional 1,870 shares during the period. Czech National Bank boosted its holdings in Ford Motor by 6.4% in the 4th quarter. Czech National Bank now owns 846,343 shares of the auto manufacturer’s stock worth $8,379,000 after buying an additional 50,611 shares during the period. Finally, Atlas Brown Inc. boosted its holdings in Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after buying an additional 1,047 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.7 %

F traded down $0.07 during trading on Monday, hitting $9.58. The stock had a trading volume of 29,813,854 shares, compared to its average volume of 61,955,145. The company has a market capitalization of $38.07 billion, a PE ratio of 10.89, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a 50 day simple moving average of $10.47 and a two-hundred day simple moving average of $11.01.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during 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%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share. On average, research analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.26%. Ford Motor’s payout ratio is currently 68.18%.

Analyst Ratings Changes

Several research analysts recently weighed in on F shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $11.83.

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.