Empirical Finance LLC Sells 1,661 Shares of Ford Motor (NYSE:F)

Empirical Finance LLC trimmed its position in shares of Ford Motor (NYSE:F) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,888 shares of the auto manufacturer’s stock after selling 1,661 shares during the period. Empirical Finance LLC’s holdings in Ford Motor were worth $1,325,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth approximately $26,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $33,000. Crewe Advisors LLC lifted its holdings 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 worth $33,000 after buying an additional 2,068 shares in the last quarter. Access Investment Management LLC bought a new position in shares of Ford Motor during the third quarter worth $34,000. Finally, Modus Advisors LLC bought a new position in shares of Ford Motor during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE:F opened at $9.25 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $9.18 and a 12 month high of $14.85. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63. The firm’s 50-day moving average is $10.06 and its 200 day moving average is $10.54.

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%. Research analysts predict that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.49%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. JPMorgan Chase & Co. lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $12.04.

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.