Ieq Capital LLC Has $104,000 Position in Ford Motor (NYSE:F)
Ieq Capital LLC reduced its stake in Ford Motor (NYSE:F) by 85% in Q4, holding 10,548 shares valued at $104,000. Other investors, including Emerald Advisors and Alberta Investment Management, increased their positions. Analysts have mixed ratings on Ford, with a consensus "Hold" and a price target of $11.89. Ford's stock opened at $9.54, with a market cap of $37.83 billion. The company reported earnings of $0.39 per share, exceeding estimates, and announced a quarterly dividend of $0.15 per share, yielding 6.29%.
Ieq Capital LLC trimmed its stake in shares of Ford Motor (NYSE:F - Free Report) by 85.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,548 shares of the auto manufacturer's stock after selling 59,884 shares during the quarter. Ieq Capital LLC's holdings in Ford Motor were worth $104,000 as of its most recent filing with the Securities and Exchange Commission.
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Several other large investors also recently modified their holdings of the stock. Emerald Advisors LLC increased its position in shares of Ford Motor by 12.6% during the 4th quarter. Emerald Advisors LLC now owns 29,514 shares of the auto manufacturer's stock worth $292,000 after purchasing an additional 3,300 shares in the last quarter. Alberta Investment Management Corp increased its holdings in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after buying an additional 91,300 shares in the last quarter. Werba Rubin Papier Wealth Management bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $192,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $29,000. Finally, Kentucky Retirement Systems Insurance Trust Fund grew its position in Ford Motor by 20.8% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 139,684 shares of the auto manufacturer's stock worth $1,383,000 after acquiring an additional 24,085 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. Bank of America reduced their price target 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. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research report on Monday, February 10th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Finally, Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $11.89.
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Read Our Latest Report on F
Ford Motor Stock Performance
Shares of NYSE:F opened at $9.54 on Friday. The firm's 50 day simple moving average is $9.77 and its 200 day simple moving average is $10.42. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85. The company has a market capitalization of $37.83 billion, a price-to-earnings ratio of 6.54, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
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Ford Motor (NYSE:F - Get Free Report) last posted its earnings results 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, sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.29%. Ford Motor's payout ratio is 41.10%.
Ford Motor Profile
(Free Report)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.
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