Valmark Advisers Inc. Sells 4,060 Shares of Ford Motor (NYSE:F)

Valmark Advisers Inc. lowered its position in shares of Ford Motor (NYSE:F) by 28.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,169 shares of the auto manufacturer’s stock after selling 4,060 shares during the period. Valmark Advisers Inc.’s holdings in Ford Motor were worth $101,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Csenge Advisory Group raised its position in shares of Ford Motor by 81.3% during the fourth quarter. Csenge Advisory Group now owns 117,148 shares of the auto manufacturer’s stock worth $1,160,000 after acquiring an additional 52,543 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in Ford Motor during the 4th quarter valued at approximately $213,000. Allworth Financial LP raised its holdings in Ford Motor by 8.5% during the 4th quarter. Allworth Financial LP now owns 164,760 shares of the auto manufacturer’s stock worth $1,653,000 after purchasing an additional 12,919 shares during the last quarter. Aveo Capital Partners LLC lifted its position in shares of Ford Motor by 9.3% in the 4th quarter. Aveo Capital Partners LLC now owns 20,639 shares of the auto manufacturer’s stock worth $204,000 after purchasing an additional 1,759 shares during the period. Finally, ABC Arbitrage SA bought a new stake in shares of Ford Motor in the 4th quarter valued at $1,012,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. JPMorgan Chase & Co. decreased their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Finally, Evercore ISI lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Trading Down 2.0 %

NYSE F opened at $9.30 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $36.94 billion, a PE ratio of 6.37, a P/E/G ratio of 1.80 and a beta of 1.63. The stock’s 50 day moving average is $9.90 and its 200 day moving average is $10.45. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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%. Research analysts forecast that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio is presently 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.