Brown Brothers Harriman & Co. Lowers Stake in Ford Motor (NYSE:F)

Brown Brothers Harriman & Co. lessened its holdings in Ford Motor (NYSE:F) by 78.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,263 shares of the auto manufacturer’s stock after selling 33,665 shares during the period. Brown Brothers Harriman & Co.’s holdings in Ford Motor were worth $92,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of F. Townsquare Capital LLC lifted its position in shares of Ford Motor by 8.9% during the 3rd quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock valued at $994,000 after buying an additional 7,650 shares in the last quarter. Freedom Investment Management Inc. lifted its holdings in Ford Motor by 8.6% during the third quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock valued at $153,000 after purchasing an additional 1,142 shares in the last quarter. Public Sector Pension Investment Board grew its position in shares of Ford Motor by 9.5% in the third quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after purchasing an additional 14,600 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Ford Motor by 4.3% during the third quarter. Rockefeller Capital Management L.P. now owns 270,298 shares of the auto manufacturer’s stock worth $2,864,000 after purchasing an additional 11,248 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Ford Motor by 7.4% during the 3rd quarter. Captrust Financial Advisors now owns 345,362 shares of the auto manufacturer’s stock worth $3,647,000 after purchasing an additional 23,717 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 1.1 %

F opened at $9.92 on Wednesday. The business’s 50 day moving average price is $9.74 and its 200 day moving average price is $10.27. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a market capitalization of $39.30 billion, a PE ratio of 6.79, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. As a group, equities research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on F shares. Piper Sandler lowered their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Bank of America dropped their price target 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. JPMorgan Chase & Co. decreased their price objective on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, TD Cowen began coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.37.

About Ford Motor

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.