Klingman & Associates LLC Sells 5,557 Shares of Ford Motor (NYSE:F)

Klingman & Associates LLC decreased its position in shares of Ford Motor (NYSE:F) by 18.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,366 shares of the auto manufacturer’s stock after selling 5,557 shares during the quarter. Klingman & Associates LLC’s holdings in Ford Motor were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of F. Hager Investment Management Services LLC bought a new stake in Ford Motor during the fourth quarter worth $26,000. Kentucky Trust Co bought a new stake in Ford Motor during the fourth quarter worth $31,000. Reston Wealth Management LLC bought a new stake in Ford Motor during the third quarter worth $33,000. Crewe Advisors LLC grew its holdings in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares in the last quarter. Finally, Access Investment Management LLC bought a new stake in Ford Motor during the third quarter worth $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.6 %

Shares of NYSE F opened at $9.35 on Thursday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a one year low of $9.10 and a one year high of $14.85. The stock has a market capitalization of $37.04 billion, a PE ratio of 6.40, a P/E/G ratio of 0.61 and a beta of 1.63. The business’s fifty day moving average price is $9.85 and its 200-day moving average price is $10.44.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. Ford Motor’s payout ratio is 41.10%.

Wall Street Analysts Forecast Growth

F has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Company 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.