Douglas Lane & Associates LLC Sells 111,582 Shares of Ford Motor (NYSE:F)

Douglas Lane & Associates LLC reduced its stake in Ford Motor (NYSE:F) by 5.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,095,910 shares of the auto manufacturer’s stock after selling 111,582 shares during the period. Douglas Lane & Associates LLC owned 0.05% of Ford Motor worth $20,750,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in F. Los Angeles Capital Management LLC grew its holdings in shares of Ford Motor by 53.6% during the second quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after buying an additional 10,999 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Ford Motor by 191.8% in the second quarter. Acadian Asset Management LLC now owns 873,156 shares of the auto manufacturer’s stock valued at $10,945,000 after purchasing an additional 573,904 shares in the last quarter. Caprock Group LLC grew its holdings in Ford Motor by 77.6% during the second quarter. Caprock Group LLC now owns 68,117 shares of the auto manufacturer’s stock worth $854,000 after buying an additional 29,753 shares in the last quarter. Ballentine Partners LLC raised its position in Ford Motor by 16.6% in the 2nd quarter. Ballentine Partners LLC now owns 23,671 shares of the auto manufacturer’s stock valued at $297,000 after buying an additional 3,371 shares during the last quarter. Finally, Prudential PLC lifted its stake in Ford Motor by 45.4% during the 2nd quarter. Prudential PLC now owns 59,160 shares of the auto manufacturer’s stock valued at $742,000 after acquiring an additional 18,467 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 0.9 %

Shares of F traded down $0.09 during trading hours on Wednesday, reaching $9.67. 43,986,757 shares of the company traded hands, compared to its average volume of 62,313,918. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a market capitalization of $38.43 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 1.89 and a beta of 1.62. The company’s fifty day moving average price is $10.51 and its two-hundred day moving average price is $11.06. The company has a quick ratio of 0.98, a current ratio of 1.15 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, beating analysts’ consensus estimates of $0.47 by $0.02. The business 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%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share. Equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 6.20%. Ford Motor’s dividend payout ratio is 68.18%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.83.

Ford Motor 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.