Pinnacle Wealth Planning Services Inc. Sells 6,436 Shares of Ford Motor (NYSE:F)

Pinnacle Wealth Planning Services Inc. lowered its stake in Ford Motor (NYSE:F) by 20.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 25,107 shares of the auto manufacturer’s stock after selling 6,436 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Ford Motor were worth $249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Kentucky Trust Co purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $31,000. Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the period. Finally, Access Investment Management LLC purchased a new position in shares of Ford Motor during the third quarter valued at approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Evercore ISI reduced their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reduced their price target 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. JPMorgan Chase & Co. reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Finally, BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.77.

Ford Motor Trading Up 3.1 %

NYSE F opened at $9.91 on Friday. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The stock has a market cap of $39.26 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. The stock’s fifty day moving average price is $9.72 and its 200-day moving average price is $10.38. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. As a group, equities analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is currently 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.