Robertson Stephens Wealth Management LLC Has $422,000 Position in Ford Motor (NYSE:F)

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

Several other institutional investors and hedge funds have also recently modified their holdings of F. Algert Global LLC acquired a new position in shares of Ford Motor in the second quarter valued at about $214,000. Czech National Bank grew its stake in shares of Ford Motor by 6.5% in the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after acquiring an additional 48,456 shares in the last quarter. Watts Gwilliam & Co. LLC acquired a new position in shares of Ford Motor in the third quarter valued at about $149,000. San Luis Wealth Advisors LLC grew its stake in shares of Ford Motor by 129.4% in the third quarter. San Luis Wealth Advisors LLC now owns 49,634 shares of the auto manufacturer’s stock valued at $524,000 after acquiring an additional 27,997 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Ford Motor by 270.7% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 25,169 shares of the auto manufacturer’s stock valued at $266,000 after acquiring an additional 18,380 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on F shares. JPMorgan Chase & Co. decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.04.

Ford Motor Stock Down 0.1 %

F stock opened at $9.25 on Friday. The stock has a market capitalization of $36.76 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 1.96 and a beta of 1.63. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.18 and a 12 month high of $14.85. The firm has a 50-day moving average price of $10.10 and a 200-day moving average price of $10.60.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.49%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.