Ford Motor (NYSE:F) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. reduced its position in Ford Motor (NYSE:F) by 78.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,263 shares of the auto manufacturer’s stock after selling 33,665 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Ford Motor were worth $92,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of F. Townsquare Capital LLC increased its stake in Ford Motor by 8.9% during the 3rd quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock worth $994,000 after buying an additional 7,650 shares during the period. Freedom Investment Management Inc. grew its stake in shares of Ford Motor by 8.6% in the third quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock worth $153,000 after acquiring an additional 1,142 shares in the last quarter. Public Sector Pension Investment Board raised its stake in shares of Ford Motor by 9.5% in the third quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after acquiring an additional 14,600 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Ford Motor by 4.3% in the third quarter. Rockefeller Capital Management L.P. now owns 270,298 shares of the auto manufacturer’s stock valued at $2,864,000 after purchasing an additional 11,248 shares during the period. Finally, Captrust Financial Advisors grew its stake in Ford Motor by 7.4% during the 3rd quarter. Captrust Financial Advisors now owns 345,362 shares of the auto manufacturer’s stock worth $3,647,000 after purchasing an additional 23,717 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of NYSE:F opened at $9.92 on Wednesday. The firm has a market capitalization of $39.30 billion, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business’s 50 day simple moving average is $9.74 and its 200-day simple moving average is $10.27. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.05%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Piper Sandler decreased their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America decreased their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.37.

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.