Investors Asset Management of Georgia Inc. GA ADV Trims Position in Ford Motor (NYSE:F)

Investors Asset Management of Georgia Inc. GA ADV trimmed its holdings in shares of Ford Motor (NYSE:F) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,466 shares of the auto manufacturer’s stock after selling 6,706 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Ford Motor were worth $925,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. raised its stake in shares of Ford Motor by 110.7% during the 3rd quarter. Blue Trust Inc. now owns 33,199 shares of the auto manufacturer’s stock valued at $351,000 after buying an additional 17,441 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in Ford Motor by 6.0% during the third quarter. Foundations Investment Advisors LLC now owns 96,156 shares of the auto manufacturer’s stock worth $1,015,000 after acquiring an additional 5,481 shares during the period. Eastern Bank purchased a new position in Ford Motor during the third quarter valued at approximately $113,000. Leo Wealth LLC lifted its holdings in Ford Motor by 8.3% in the third quarter. Leo Wealth LLC now owns 19,489 shares of the auto manufacturer’s stock valued at $206,000 after acquiring an additional 1,489 shares during the period. Finally, Elevated Capital Advisors LLC boosted its position in Ford Motor by 2.3% in the 3rd quarter. Elevated Capital Advisors LLC now owns 69,237 shares of the auto manufacturer’s stock worth $731,000 after purchasing an additional 1,578 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.4 %

Shares of F opened at $9.38 on Friday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a 50 day moving average price of $9.83 and a 200 day moving average price of $10.43. Ford Motor has a one year low of $9.10 and a one year high of $14.85. The stock has a market capitalization of $37.16 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 0.60 and a beta of 1.63.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Wall Street Analyst Weigh In

F has been the subject of several recent research reports. Wells Fargo & Company cut their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Bank of America cut their price target 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. Finally, Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Three research 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’s stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $11.89.

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.