Koshinski Asset Management Inc. Sells 1,082 Shares of Ford Motor (NYSE:F)

Koshinski Asset Management Inc. reduced its holdings in Ford Motor (NYSE:F) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,169 shares of the auto manufacturer’s stock after selling 1,082 shares during the period. Koshinski Asset Management Inc.’s holdings in Ford Motor were worth $536,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Zhang Financial LLC increased its position in Ford Motor by 1.9% in the 4th quarter. Zhang Financial LLC now owns 163,564 shares of the auto manufacturer’s stock worth $1,619,000 after buying an additional 3,116 shares during the period. UMB Bank n.a. grew its holdings in shares of Ford Motor by 11.3% during the 4th quarter. UMB Bank n.a. now owns 17,604 shares of the auto manufacturer’s stock worth $174,000 after purchasing an additional 1,785 shares in the last quarter. M.E. Allison & CO. Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $513,000. RoundAngle Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $866,000. Finally, Arbor Trust Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $115,000. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on F shares. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.67.

Ford Motor Price Performance

Ford Motor stock opened at $10.04 on Thursday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a market cap of $39.88 billion, a P/E ratio of 11.40, a P/E/G ratio of 1.96 and a beta of 1.64. The business’s fifty day moving average is $10.35 and its two-hundred day moving average is $10.88. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 earnings per share. Equities research analysts forecast that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. Ford Motor’s payout ratio is currently 68.18%.

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.