Wealthspire Advisors LLC Has $1.27 Million Stock Position in Ford Motor (NYSE:F)

Wealthspire Advisors LLC reduced its stake in shares of Ford Motor (NYSE:F) by 37.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,195 shares of the auto manufacturer’s stock after selling 77,605 shares during the quarter. Wealthspire Advisors LLC’s holdings in Ford Motor were worth $1,269,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. TCW Group Inc. lifted its position in shares of Ford Motor by 222.5% in the 4th quarter. TCW Group Inc. now owns 173,444 shares of the auto manufacturer’s stock worth $1,717,000 after acquiring an additional 119,656 shares during the period. Fisher Funds Management LTD acquired a new position in shares of Ford Motor in the fourth quarter valued at $8,970,000. Winebrenner Capital Management LLC bought a new position in Ford Motor in the fourth quarter worth $110,000. Dahring Cusmano LLC acquired a new stake in Ford Motor during the fourth quarter worth $105,000. Finally, Transcend Capital Advisors LLC increased its holdings in Ford Motor by 26.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 40,611 shares of the auto manufacturer’s stock valued at $402,000 after buying an additional 8,538 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Up 0.8 %

Shares of NYSE F opened at $9.36 on Tuesday. Ford Motor has a 1-year low of $9.10 and a 1-year high of $14.85. The company has a 50-day moving average of $9.80 and a two-hundred day moving average of $10.43. The company has a market cap of $37.08 billion, a PE ratio of 6.41, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. Bank of America reduced their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Royal Bank of Canada cut their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Wells Fargo & Company dropped their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Profile

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.