Good Life Advisors LLC Lowers Holdings in Ford Motor (NYSE:F)

Good Life Advisors LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 51.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,406 shares of the auto manufacturer’s stock after selling 78,066 shares during the quarter. Good Life Advisors LLC’s holdings in Ford Motor were worth $717,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the fourth quarter valued at approximately $29,000. Kentucky Trust Co purchased a new position in Ford Motor during the 4th quarter valued at approximately $31,000. Reston Wealth Management LLC bought a new stake in Ford Motor in the 3rd quarter worth approximately $33,000. Finally, Crewe Advisors LLC raised its holdings in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.6 %

F stock opened at $9.35 on Thursday. The company has a market capitalization of $37.04 billion, a PE ratio of 6.40, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. The firm’s 50-day moving average is $9.85 and its 200 day moving average is $10.44.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is 41.10%.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.89.

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.