Ford Motor (NYSE:F) Shares Sold by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC trimmed its holdings in shares of Ford Motor (NYSE:F) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,517 shares of the auto manufacturer’s stock after selling 3,734 shares during the period. Quantum Financial Advisors LLC’s holdings in Ford Motor were worth $124,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Thoroughbred Financial Services LLC raised its position in Ford Motor by 8.0% during the second quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer’s stock valued at $202,000 after acquiring an additional 1,192 shares in the last quarter. Plato Investment Management Ltd grew its stake in shares of Ford Motor by 2.5% during the 2nd quarter. Plato Investment Management Ltd now owns 118,008 shares of the auto manufacturer’s stock worth $1,480,000 after purchasing an additional 2,836 shares during the period. Brown Brothers Harriman & Co. increased its holdings in shares of Ford Motor by 369.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 43,829 shares of the auto manufacturer’s stock valued at $550,000 after purchasing an additional 34,493 shares in the last quarter. Marble Harbor Investment Counsel LLC acquired a new position in shares of Ford Motor in the 2nd quarter valued at $130,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

F opened at $9.71 on Tuesday. The stock’s 50-day moving average price is $10.46 and its 200 day moving average price is $10.99. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The firm has a market cap of $38.59 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 1.89 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

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, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the prior year, the firm earned $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 6.18%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on F shares. Deutsche Bank Aktiengesellschaft reduced their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average 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.