Ford Motor (NYSE:F) Shares Sold by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC reduced its position in Ford Motor (NYSE:F) by 37.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,703 shares of the auto manufacturer’s stock after selling 1,624 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Ford Motor were worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in F. Zhang Financial LLC increased its holdings in Ford Motor by 1.9% in the 4th quarter. Zhang Financial LLC now owns 163,564 shares of the auto manufacturer’s stock worth $1,619,000 after acquiring an additional 3,116 shares in the last quarter. UMB Bank n.a. increased its holdings in Ford Motor by 11.3% in the 4th quarter. UMB Bank n.a. now owns 17,604 shares of the auto manufacturer’s stock worth $174,000 after acquiring an additional 1,785 shares in the last quarter. M.E. Allison & CO. Inc. purchased a new stake in shares of Ford Motor during the fourth quarter worth $513,000. RoundAngle Advisors LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $866,000. Finally, Arbor Trust Wealth Advisors LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $115,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 3.8 %

Shares of F stock opened at $10.04 on Thursday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market cap of $39.88 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. The company has a 50-day moving average of $10.35 and a two-hundred day moving average of $10.88. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

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. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share. On average, 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. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on F shares. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Jefferies Financial Group cut 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 report on Monday, December 16th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.