InTrack Investment Management Inc Sells 41,070 Shares of Ford Motor (NYSE:F)

InTrack Investment Management Inc decreased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 71.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,316 shares of the auto manufacturer's stock after selling 41,070 shares during the period. InTrack Investment Management Inc's holdings in Ford Motor were worth $160,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Quarry LP acquired a new stake in Ford Motor in the second quarter valued at about $27,000. Kimelman & Baird LLC acquired a new stake in Ford Motor in the second quarter valued at about $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the third quarter valued at about $33,000. Access Investment Management LLC acquired a new stake in Ford Motor in the third quarter valued at about $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor in the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Trading Up 1.6 %

Shares of F stock traded up $0.16 during trading hours on Friday, reaching $10.17. 60,707,245 shares of the stock traded hands, compared to its average volume of 53,436,516. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The business has a fifty day moving average price of $10.40 and a 200 day moving average price of $10.96. 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 firm has a market capitalization of $40.43 billion, a PE ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. On average, equities research analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.90%. Ford Motor's dividend payout ratio (DPR) is 68.18%.

Analyst Ratings Changes

F has been the subject of a number of research reports. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their price target for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Sanford C. Bernstein downgraded shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $11.83.

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.