Future Financial Wealth Managment LLC Decreases Stock Holdings in Ford Motor (NYSE:F)

Future Financial Wealth Managment LLC trimmed its position in shares of Ford Motor (NYSE:F) by 7.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,486 shares of the auto manufacturer’s stock after selling 2,495 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in Ford Motor were worth $343,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of F. Fisher Asset Management LLC raised its position in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock valued at $721,047,000 after purchasing an additional 3,521,520 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Legal & General Group Plc raised its position in shares of Ford Motor by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares during the last quarter. LSV Asset Management raised its position in shares of Ford Motor by 1.6% in the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after purchasing an additional 312,496 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in shares of Ford Motor by 11.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock valued at $163,214,000 after purchasing an additional 1,214,640 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of NYSE F opened at $10.50 on Wednesday. The stock has a market capitalization of $41.92 billion, a price-to-earnings ratio of 10.82, a PEG ratio of 0.79 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The firm’s 50 day simple moving average is $10.63 and its 200-day simple moving average is $11.89. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period in the prior year, the business posted $0.72 EPS. Ford Motor’s revenue was up 6.3% compared to the same quarter last year. Analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.71%. Ford Motor’s payout ratio is currently 61.86%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two equities research 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, Ford Motor has a consensus rating of “Hold” and an average target price of $12.72.

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.