Gerber LLC Lowers Stock Position in Ford Motor (NYSE:F)

Gerber LLC trimmed its stake in Ford Motor (NYSE:F) by 23.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 24,607 shares of the auto manufacturer’s stock after selling 7,472 shares during the period. Gerber LLC’s holdings in Ford Motor were worth $244,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. CWA Asset Management Group LLC acquired a new stake in shares of Ford Motor during the third quarter worth about $224,000. Atria Investments Inc increased its stake in shares of Ford Motor by 1.4% during the third quarter. Atria Investments Inc now owns 308,901 shares of the auto manufacturer’s stock worth $3,262,000 after buying an additional 4,377 shares during the period. Ashton Thomas Securities LLC purchased a new stake in shares of Ford Motor during the third quarter worth approximately $45,000. Nations Financial Group Inc. IA ADV increased its stake in shares of Ford Motor by 283.6% during the third quarter. Nations Financial Group Inc. IA ADV now owns 94,001 shares of the auto manufacturer’s stock worth $993,000 after buying an additional 69,496 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in shares of Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on F. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada cut 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 research note on Thursday, February 6th. Barclays lowered shares of 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 note on Wednesday, January 22nd. Finally, Wells Fargo & Company dropped their price target 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. 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 company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.77.

Ford Motor Price Performance

Shares of NYSE F opened at $9.60 on Thursday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock has a fifty day moving average price of $9.71 and a 200 day moving average price of $10.35. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The company has a market cap of $38.03 billion, a PE ratio of 6.57, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS 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%. Sell-side analysts forecast that Ford Motor will post 1.47 EPS 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 paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.25%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) 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.