Financial Counselors Inc. Lowers Holdings in Ford Motor (NYSE:F)

Financial Counselors Inc. lowered its holdings in Ford Motor (NYSE:F) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 826,479 shares of the auto manufacturer’s stock after selling 18,716 shares during the quarter. Financial Counselors Inc.’s holdings in Ford Motor were worth $8,182,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor during the fourth quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor in the 4th quarter valued at $31,000. Finally, Crewe Advisors LLC grew its position 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 acquiring an additional 2,068 shares in 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 $10.32 on Thursday. The company’s fifty day moving average price is $9.76 and its 200 day moving average price is $10.29. 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 12 month low of $9.06 and a 12 month high of $14.85. The firm has a market capitalization of $40.89 billion, a P/E ratio of 7.07, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.82%. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

F has been the topic of several research reports. JPMorgan Chase & Co. reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Piper Sandler decreased their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Royal Bank of Canada reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $11.50.

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.