Ford Motor (NYSE:F) Shares Sold by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC cut its stake in shares of Ford Motor (NYSE:F) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,163 shares of the auto manufacturer’s stock after selling 2,075 shares during the quarter. Allegiance Financial Group Advisory Services LLC’s holdings in Ford Motor were worth $378,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of F. Hager Investment Management Services LLC purchased a new position in Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor in the fourth quarter worth $29,000. Kentucky Trust Co purchased a new position in Ford Motor in the fourth quarter worth $31,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the third quarter worth $33,000. Finally, Crewe Advisors LLC increased its position in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on F shares. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Up 0.6 %

Shares of NYSE:F opened at $9.48 on Thursday. The stock’s 50-day moving average price is $9.78 and its two-hundred day moving average price is $10.42. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The firm has a market cap of $37.55 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last issued 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%. On average, research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 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.