Shelton Capital Management Reduces Position in Ford Motor (NYSE:F)

Shelton Capital Management decreased its holdings in Ford Motor (NYSE:F) by 4.3% in the fourth quarter, Holdings Channel reports. The fund owned 26,824 shares of the auto manufacturer’s stock after selling 1,211 shares during the period. Shelton Capital Management’s holdings in Ford Motor were worth $266,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of Ford Motor by 21.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 40,674 shares of the auto manufacturer’s stock worth $430,000 after purchasing an additional 7,175 shares during the period. Virtu Financial LLC purchased a new stake in Ford Motor in the third quarter valued at approximately $1,045,000. Sculati Wealth Management LLC lifted its stake in Ford Motor by 4.7% during the third quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock worth $399,000 after purchasing an additional 1,709 shares in the last quarter. Finally, World Investment Advisors LLC grew its stake in shares of Ford Motor by 31.8% in the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock valued at $350,000 after buying an additional 8,000 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Down 3.9 %

Shares of NYSE:F opened at $9.13 on Friday. The company has a market capitalization of $36.18 billion, a price-to-earnings ratio of 6.25, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a 50 day moving average of $9.60 and a two-hundred day moving average of $10.18. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

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%. As a group, 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 was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.57%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Sanford C. Bernstein downgraded shares of Ford Motor from a “market perform” rating to an “underperform” rating and dropped their price target for the stock from $9.40 to $7.00 in a research note on Wednesday. Royal Bank of Canada reduced their price objective on 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. Finally, Barclays cut 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. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned 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 $10.50.

About Ford Motor

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.