Brown Brothers Harriman & Co. Reduces Stock Position in Ford Motor (NYSE:F)

Brown Brothers Harriman & Co. trimmed its stake in Ford Motor (NYSE:F - Free Report) by 78.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,263 shares of the auto manufacturer's stock after selling 33,665 shares during the period. 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 have also bought and sold shares of F. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor in the 4th quarter worth about $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in Ford Motor in the fourth quarter worth approximately $30,000. Kentucky Trust Co bought a new position in Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.4 %

Shares of F traded up $0.04 during mid-day trading on Friday, reaching $9.58. The company had a trading volume of 177,348,152 shares, compared to its average volume of 67,049,201. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $37.95 billion, a price-to-earnings ratio of 6.56, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The firm has a 50-day moving average price of $9.72 and a 200 day moving average price of $10.25. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released 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%. On average, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company 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 6.27%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Analyst Ratings Changes

Several research firms have issued reports on F. Wells Fargo & Company cut their price target on shares of 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 lowered their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Piper Sandler cut their target price on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. Royal Bank of Canada lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Finally, Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $11.37.

Ford Motor Company 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.