Ford Motor (NYSE:F) Shares Sold by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. cut its stake in Ford Motor (NYSE:F) by 6.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 42,912 shares of the auto manufacturer’s stock after selling 3,198 shares during the period. Kaydan Wealth Management Inc.’s holdings in Ford Motor were worth $425,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Arbor Trust Wealth Advisors LLC purchased a new stake in Ford Motor during the fourth quarter valued at about $115,000. J2 Capital Management Inc acquired a new position in shares of Ford Motor in the 4th quarter valued at about $345,000. HF Advisory Group LLC grew its holdings in shares of Ford Motor by 13.7% during the 4th quarter. HF Advisory Group LLC now owns 32,861 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 3,971 shares during the period. Moss Adams Wealth Advisors LLC increased its position in Ford Motor by 13.9% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 15,185 shares of the auto manufacturer’s stock worth $150,000 after purchasing an additional 1,857 shares in the last quarter. Finally, Walker Financial Services Inc. purchased a new position in Ford Motor in the fourth quarter valued at approximately $107,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Up 1.6 %

F opened at $10.17 on Monday. The stock has a market capitalization of $40.43 billion, a PE ratio of 11.56, a P/E/G ratio of 1.86 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The firm’s fifty day moving average price is $10.38 and its 200 day moving average price is $10.92.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.83.

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.