Key Client Fiduciary Advisors LLC Trims Position in Ford Motor (NYSE:F)

Key Client Fiduciary Advisors LLC reduced its position in Ford Motor (NYSE:F) by 20.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,393 shares of the auto manufacturer’s stock after selling 5,707 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in Ford Motor were worth $222,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of F. Quarry LP acquired a new stake in shares of Ford Motor in the second quarter worth approximately $27,000. Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter worth approximately $30,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $33,000. Access Investment Management LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on F shares. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.67.

Ford Motor Stock Performance

NYSE:F opened at $10.16 on Friday. The firm has a 50-day moving average of $10.33 and a two-hundred day moving average of $10.87. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market cap of $40.36 billion, a P/E ratio of 11.54, a PEG ratio of 2.01 and a beta of 1.64. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the business posted $0.39 earnings per share. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts expect that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

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.