WealthPlan Investment Management LLC Sells 10,365 Shares of Ford Motor (NYSE:F)

WealthPlan Investment Management LLC trimmed its holdings in Ford Motor (NYSE:F) by 30.4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 23,703 shares of the auto manufacturer’s stock after selling 10,365 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Ford Motor were worth $235,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Meridian Financial Partners LLC increased its position in shares of Ford Motor by 1.1% during the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the last quarter. Apollon Wealth Management LLC increased its position 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 valued at $982,000 after purchasing an additional 969 shares during the last quarter. Pure Financial Advisors LLC increased its position in shares of Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after purchasing an additional 990 shares during the last quarter. PBMares Wealth Management LLC increased its position in shares of Ford Motor by 9.0% during the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after purchasing an additional 991 shares during the last quarter. Finally, Pointe Capital Management LLC increased its position in shares of Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after purchasing an additional 1,000 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Up 1.3 %

Shares of NYSE F opened at $9.48 on Friday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The stock has a market capitalization of $37.66 billion, a P/E ratio of 6.49, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 1-year low of $9.10 and a 1-year high of $14.85. The business has a fifty day moving average price of $9.92 and a 200 day moving average price of $10.47.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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%. Equities research analysts expect that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on F. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $11.89.

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.