Fidelis Capital Partners LLC Cuts Stake in Ford Motor (NYSE:F)

Fidelis Capital Partners LLC decreased its holdings in Ford Motor (NYSE:F) by 14.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,739 shares of the auto manufacturer’s stock after selling 1,883 shares during the period. Fidelis Capital Partners LLC’s holdings in Ford Motor were worth $106,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. raised its holdings in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after buying an additional 336,720 shares during the period. NCP Inc. raised its holdings in Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after buying an additional 28,528 shares during the period. Principal Financial Group Inc. raised its holdings in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor in the third quarter valued at approximately $55,456,000. Finally, Alberta Investment Management Corp raised its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after purchasing an additional 91,300 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on F shares. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Finally, Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Stock Performance

Ford Motor stock opened at $9.65 on Thursday. The company has a market cap of $38.23 billion, a PE ratio of 6.61, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a fifty day moving average price of $9.73 and a two-hundred day moving average price of $10.39. 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.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.22%. Ford Motor’s dividend 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.