Apella Capital LLC Has $245,000 Stake in Ford Motor (NYSE:F)

Apella Capital LLC lowered its stake in Ford Motor (NYSE:F) by 8.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,731 shares of the auto manufacturer’s stock after selling 2,328 shares during the period. Apella Capital LLC’s holdings in Ford Motor were worth $245,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of F. Quarry LP bought a new position in shares of Ford Motor in the 2nd quarter valued at about $27,000. Kimelman & Baird LLC bought a new position in Ford Motor in the second quarter valued at approximately $30,000. Reston Wealth Management LLC bought a new position in Ford Motor in the third quarter valued at approximately $33,000. Access Investment Management LLC acquired a new stake in Ford Motor during the 3rd quarter worth $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 1.8 %

Shares of NYSE:F opened at $9.96 on Thursday. The firm has a market cap of $39.58 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company’s fifty day simple moving average is $10.44 and its 200 day simple moving average is $10.97. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. As a group, research analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.83.

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.