Key Client Fiduciary Advisors LLC Reduces Holdings in Ford Motor (NYSE:F)

Key Client Fiduciary Advisors LLC cut its position in Ford Motor (NYSE:F) by 20.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,393 shares of the auto manufacturer’s stock after selling 5,707 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Ford Motor were worth $222,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Ford Motor in the second quarter valued at about $27,000. Kimelman & Baird LLC acquired a new stake in Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at approximately $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.67.

Ford Motor Trading Up 1.2 %

Shares of F stock opened at $10.16 on Friday. The stock has a market cap of $40.36 billion, a P/E 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. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The business has a fifty day simple moving average of $10.33 and a 200-day simple moving average of $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, beating the consensus estimate of $0.47 by $0.02. The firm 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 firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. On average, analysts forecast that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.