Good Life Advisors LLC Lowers Position in Ford Motor (NYSE:F)

Good Life Advisors LLC trimmed its stake in Ford Motor (NYSE:F - Free Report) by 51.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,406 shares of the auto manufacturer's stock after selling 78,066 shares during the period. Good Life Advisors LLC's holdings in Ford Motor were worth $717,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor during the 4th quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor during the 4th quarter worth $29,000. Kentucky Trust Co purchased a new position in Ford Motor during the 4th quarter worth $31,000. Reston Wealth Management LLC purchased a new position in Ford Motor during the 3rd quarter worth $33,000. Finally, Crewe Advisors LLC grew its position in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after purchasing an additional 2,068 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on F. Bank of America lowered their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Barclays cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group cut shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Sanford C. Bernstein cut shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $11.89.

Ford Motor Price Performance

Shares of NYSE F traded down $0.11 during midday trading on Friday, hitting $9.29. The company had a trading volume of 44,699,493 shares, compared to its average volume of 74,490,523. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 0.60 and a beta of 1.63. The business has a 50-day simple moving average of $9.83 and a two-hundred day simple moving average of $10.43. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor's dividend payout ratio (DPR) is presently 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.