Magnus Financial Group LLC Has $109,000 Stock Position in Ford Motor (NYSE:F)

Magnus Financial Group LLC cut its position in Ford Motor (NYSE:F) by 27.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,960 shares of the auto manufacturer’s stock after selling 4,178 shares during the quarter. Magnus Financial Group LLC’s holdings in Ford Motor were worth $109,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in F. Quarry LP acquired a new position in Ford Motor during the 2nd quarter worth about $27,000. Kimelman & Baird LLC bought a new position in shares of Ford Motor in the second quarter worth about $30,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor during the third quarter worth approximately $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $34,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Up 1.2 %

Shares of NYSE F opened at $10.16 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market cap of $40.36 billion, a price-to-earnings ratio of 11.54, a P/E/G ratio of 2.01 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company’s fifty day moving average is $10.33 and its 200-day moving average is $10.87.

Ford Motor (NYSE:F) last posted 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 return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities research analysts predict that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.91%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on F. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.67.

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.