Kendall Capital Management Lowers Stock Position in Ford Motor (NYSE:F)

Kendall Capital Management cut its stake in shares of Ford Motor (NYSE:F - Free Report) by 44.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,275 shares of the auto manufacturer's stock after selling 57,720 shares during the quarter. Kendall Capital Management's holdings in Ford Motor were worth $716,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Axis Wealth Partners LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $102,000. Personal CFO Solutions LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $115,000. Dorsey & Whitney Trust CO LLC grew its holdings in Ford Motor by 8.3% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 48,460 shares of the auto manufacturer's stock worth $480,000 after acquiring an additional 3,699 shares during the last quarter. Larson Financial Group LLC grew its holdings in Ford Motor by 10.4% during the 4th quarter. Larson Financial Group LLC now owns 71,695 shares of the auto manufacturer's stock worth $710,000 after acquiring an additional 6,761 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Ford Motor during the 4th quarter worth approximately $2,376,000. 58.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Barclays lowered 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 report on Wednesday, January 22nd. Evercore ISI reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Bank of America reduced 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 note on Thursday, February 6th. Finally, Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and an average price target of $11.77.

Remove Ads

Ford Motor Stock Up 0.8 %

F traded up $0.08 during trading on Monday, hitting $9.98. 167,081,694 shares of the company's stock were exchanged, compared to its average volume of 87,589,219. 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 business's 50 day moving average is $9.72 and its two-hundred day moving average is $10.37. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market cap of $39.54 billion, a P/E ratio of 6.83, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.02%. Ford Motor's payout ratio is 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.