SeaCrest Wealth Management LLC Reduces Stock Holdings in Ford Motor (NYSE:F)

SeaCrest Wealth Management LLC decreased its holdings in shares of Ford Motor (NYSE:F) by 10.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,628 shares of the auto manufacturer’s stock after selling 9,130 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Ford Motor were worth $896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of F. Saxon Interests Inc. bought a new position in Ford Motor in the fourth quarter valued at $178,000. Austin Private Wealth LLC lifted its holdings in Ford Motor by 14.8% in the fourth quarter. Austin Private Wealth LLC now owns 15,369 shares of the auto manufacturer’s stock worth $187,000 after buying an additional 1,980 shares during the period. Lincoln Capital Corp lifted its holdings in Ford Motor by 46.0% in the fourth quarter. Lincoln Capital Corp now owns 32,225 shares of the auto manufacturer’s stock worth $393,000 after buying an additional 10,150 shares during the period. Next Level Private LLC increased its stake in shares of Ford Motor by 16.0% during the fourth quarter. Next Level Private LLC now owns 134,787 shares of the auto manufacturer’s stock valued at $1,643,000 after purchasing an additional 18,550 shares in the last quarter. Finally, PFG Investments LLC increased its stake in shares of Ford Motor by 30.7% during the fourth quarter. PFG Investments LLC now owns 27,864 shares of the auto manufacturer’s stock valued at $340,000 after purchasing an additional 6,549 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F traded up $0.22 during midday trading on Friday, hitting $13.28. 61,846,366 shares of the company traded hands, compared to its average volume of 50,385,792. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The company has a market capitalization of $52.77 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.04 and a beta of 1.63. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The business has a 50 day simple moving average of $12.19 and a two-hundred day simple moving average of $11.70.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same period last year, the business earned $0.51 earnings per share. Ford Motor’s revenue was up 3.5% compared to the same quarter last year. On average, equities analysts forecast that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were issued a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is currently 55.56%.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays raised their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. HSBC began coverage on shares of Ford Motor in a report on Monday, December 4th. They issued a “hold” rating and a $11.30 price target on the stock. BNP Paribas downgraded shares of Ford Motor from an “outperform” rating to a “neutral” rating and set a $12.00 target price on the stock. in a report on Wednesday, December 13th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. Finally, UBS Group cut shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $13.75.

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.