Ford Motor (NYSE:F) Shares Sold by Center for Financial Planning Inc.

Center for Financial Planning Inc. lessened its position in shares of Ford Motor (NYSE:F) by 2.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,121 shares of the auto manufacturer’s stock after selling 1,619 shares during the period. Center for Financial Planning Inc.’s holdings in Ford Motor were worth $714,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC boosted its holdings in shares of Ford Motor by 250.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock valued at $330,000 after buying an additional 22,305 shares in the last quarter. Swedbank AB boosted its holdings in shares of Ford Motor by 13.5% in the 3rd quarter. Swedbank AB now owns 942,663 shares of the auto manufacturer’s stock valued at $9,955,000 after buying an additional 112,066 shares in the last quarter. Vontobel Holding Ltd. boosted its holdings in shares of Ford Motor by 37.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 180,619 shares of the auto manufacturer’s stock valued at $1,907,000 after buying an additional 49,191 shares in the last quarter. Cornerstone Wealth Management LLC raised its position in Ford Motor by 3.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 87,268 shares of the auto manufacturer’s stock valued at $922,000 after purchasing an additional 2,710 shares during the last quarter. Finally, Good Life Advisors LLC raised its position in Ford Motor by 101.2% in the 3rd quarter. Good Life Advisors LLC now owns 150,472 shares of the auto manufacturer’s stock valued at $1,589,000 after purchasing an additional 75,680 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $9.48 on Friday. The stock has a market cap of $37.66 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 1.80 and a beta of 1.63. Ford Motor has a 52 week low of $9.10 and a 52 week high of $14.85. The company’s 50-day moving average price is $9.94 and its 200 day moving average price is $10.48. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, research analysts forecast that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Analyst Ratings Changes

Several analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Wolfe Research restated 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 assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.89.

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.