New Age Alpha Advisors LLC Sells 68,557 Shares of Ford Motor Company $F

New Age Alpha Advisors LLC decreased its position in shares of Ford Motor Company (NYSE:F) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 251,117 shares of the auto manufacturer’s stock after selling 68,557 shares during the period. New Age Alpha Advisors LLC’s holdings in Ford Motor were worth $3,295,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Grove Bank & Trust increased its position in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares during the last quarter. Olistico Wealth LLC bought a new position in Ford Motor during the fourth quarter valued at $26,000. Johnson Financial Group Inc. increased its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in shares of Ford Motor during the fourth quarter valued at $29,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Ford Motor during the third quarter valued at $32,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citigroup lowered their target price on shares of Ford Motor from $13.50 to $13.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Morgan Stanley reissued an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a research note on Friday, May 15th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Bank of America assumed coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 target price for the company. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.56.

Ford Motor Stock Down 0.0%

Shares of F opened at $14.93 on Tuesday. The firm has a market capitalization of $59.47 billion, a P/E ratio of -9.63, a P/E/G ratio of 0.33 and a beta of 1.65. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $14.95. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The firm has a fifty day moving average price of $12.35 and a 200-day moving average price of $13.04.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts expect that Ford Motor Company will post 1.6 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. Ford Motor’s dividend payout ratio is -38.71%.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.