N.E.W. Advisory Services LLC Trims Holdings in Ford Motor (NYSE:F)

N.E.W. Advisory Services LLC reduced its holdings in shares of Ford Motor (NYSE:F) by 2.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,875 shares of the auto manufacturer’s stock after selling 1,271 shares during the period. N.E.W. Advisory Services LLC’s holdings in Ford Motor were worth $663,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. grew its stake in Ford Motor by 4.1% during the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock worth $569,000 after purchasing an additional 1,836 shares in the last quarter. Aveo Capital Partners LLC grew its stake in Ford Motor by 6.9% during the 4th quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock worth $255,000 after purchasing an additional 1,352 shares in the last quarter. Gryphon Financial Partners LLC grew its stake in Ford Motor by 4.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock worth $334,000 after purchasing an additional 1,002 shares in the last quarter. Bogart Wealth LLC grew its stake in Ford Motor by 48.0% during the 4th quarter. Bogart Wealth LLC now owns 4,420 shares of the auto manufacturer’s stock worth $54,000 after purchasing an additional 1,433 shares in the last quarter. Finally, National Pension Service grew its stake in Ford Motor by 2.0% during the 4th quarter. National Pension Service now owns 8,001,903 shares of the auto manufacturer’s stock worth $97,543,000 after purchasing an additional 157,665 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on F shares. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada lowered their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wolfe Research started coverage on Ford Motor in a research report on Thursday. They set a “peer perform” rating for the company. Finally, The Goldman Sachs Group lowered their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.48.

Ford Motor Stock Down 1.7 %

Shares of NYSE F opened at $10.77 on Friday. The stock has a market cap of $42.98 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The business has a 50-day moving average price of $11.74 and a 200 day moving average price of $12.16.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.72 earnings per share. Equities research analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.57%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.