Ford Motor (NYSE:F) Shares Sold by Lyell Wealth Management LP

Lyell Wealth Management LP reduced its stake in Ford Motor (NYSE:F) by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,607 shares of the auto manufacturer’s stock after selling 2,268 shares during the period. Lyell Wealth Management LP’s holdings in Ford Motor were worth $125,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. boosted its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. boosted its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter worth approximately $55,456,000. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $10,853,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Ford Motor by 12.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock worth $4,511,000 after buying an additional 49,844 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on F. Wells Fargo & Company reduced their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced 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, ten have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Price Performance

NYSE F opened at $9.35 on Thursday. The stock has a market capitalization of $37.04 billion, a P/E ratio of 6.40, a P/E/G ratio of 0.61 and a beta of 1.63. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The business’s fifty day moving average is $9.85 and its two-hundred day moving average is $10.44. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, research analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.42%. Ford Motor’s dividend payout ratio is currently 41.10%.

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.