SS&H Financial Advisors Inc. Cuts Stake in Ford Motor (NYSE:F)

SS&H Financial Advisors Inc. lessened its stake in shares of Ford Motor (NYSE:F) by 8.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,450 shares of the auto manufacturer’s stock after selling 3,000 shares during the period. SS&H Financial Advisors Inc.’s holdings in Ford Motor were worth $332,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of F. Quarry LP purchased a new stake in shares of Ford Motor in the second quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor in the 2nd quarter valued at $30,000. Reston Wealth Management LLC acquired a new position in Ford Motor during the 3rd quarter worth about $33,000. Access Investment Management LLC acquired a new position in Ford Motor during the 3rd quarter worth about $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor during the 4th quarter valued at about $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on F shares. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Barclays cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Price Performance

F stock opened at $9.78 on Wednesday. The business has a 50 day moving average price of $10.44 and a 200 day moving average price of $10.97. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market cap of $38.87 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last posted its 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 net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the firm posted $0.39 EPS. The company’s revenue was up 5.5% on a year-over-year basis. Equities research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced 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 6.13%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.