SFE Investment Counsel Trims Position in Ford Motor (NYSE:F)

SFE Investment Counsel decreased its position in shares of Ford Motor (NYSE:F) by 19.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 413,580 shares of the auto manufacturer’s stock after selling 100,865 shares during the quarter. SFE Investment Counsel’s holdings in Ford Motor were worth $4,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor during the fourth quarter worth $26,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor during the 4th quarter worth about $31,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor during the 3rd quarter worth about $33,000. Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the period. Finally, Access Investment Management LLC acquired a new position in Ford Motor in the third quarter valued at about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on F shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Bank of America dropped their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. 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 report on Thursday, February 6th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Three investment 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. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Price Performance

Ford Motor stock opened at $9.24 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. The company has a fifty day simple moving average of $9.97 and a 200-day simple moving average of $10.49. The stock has a market cap of $36.72 billion, a P/E ratio of 6.33, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. Equities analysts expect that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued 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 yield of 6.49%. Ford Motor’s payout ratio is currently 41.10%.

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.