Robertson Stephens Wealth Management LLC Sells 4,761 Shares of Ford Motor (NYSE:F)

Robertson Stephens Wealth Management LLC lessened its holdings in Ford Motor (NYSE:F) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,657 shares of the auto manufacturer’s stock after selling 4,761 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Ford Motor were worth $422,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of F. Hager Investment Management Services LLC acquired a new position in Ford Motor during the fourth quarter valued at approximately $26,000. Reston Wealth Management LLC acquired a new position in Ford Motor during the third quarter valued at approximately $33,000. Crewe Advisors LLC grew its holdings in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the period. Access Investment Management LLC acquired a new position in Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new position in Ford Motor during the fourth quarter valued at approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $9.25 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company’s fifty day simple moving average is $10.10 and its 200-day simple moving average is $10.60. Ford Motor has a 12 month low of $9.18 and a 12 month high of $14.85. The firm has a market cap of $36.76 billion, a PE ratio of 10.51, a P/E/G ratio of 1.96 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Equities research analysts expect that Ford Motor will post 1.78 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.49%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $12.04.

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.