Signature Estate & Investment Advisors LLC Sells 5,168 Shares of Ford Motor (NYSE:F)

Signature Estate & Investment Advisors LLC trimmed its position in Ford Motor (NYSE:F) by 6.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 72,164 shares of the auto manufacturer’s stock after selling 5,168 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Ford Motor were worth $714,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $144,000. CoreFirst Bank & Trust bought a new position in Ford Motor in the 4th quarter valued at $69,000. Grantvest Financial Group LLC purchased a new stake in shares of Ford Motor during the 4th quarter valued at $190,000. Woodmont Investment Counsel LLC raised its stake in shares of Ford Motor by 5.5% during the 4th quarter. Woodmont Investment Counsel LLC now owns 23,905 shares of the auto manufacturer’s stock worth $237,000 after purchasing an additional 1,250 shares during the period. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of Ford Motor in the 4th quarter worth about $6,872,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on F shares. TD Cowen began coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective on the stock. Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Evercore ISI reduced their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Wells Fargo & Company lowered their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.50.

Ford Motor Stock Performance

Ford Motor stock opened at $10.32 on Thursday. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $40.89 billion, a PE ratio of 7.07, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The firm’s 50 day simple moving average is $9.76 and its 200 day simple moving average is $10.29.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.82%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

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.