Rothschild Investment LLC Sells 18,715 Shares of Ford Motor (NYSE:F)

Rothschild Investment LLC cut its stake in shares of Ford Motor (NYSE:F) by 36.7% in the fourth quarter, HoldingsChannel reports. The fund owned 32,233 shares of the auto manufacturer’s stock after selling 18,715 shares during the period. Rothschild Investment LLC’s holdings in Ford Motor were worth $319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in F. International Assets Investment Management LLC boosted its stake in shares of Ford Motor by 1,215.6% in the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in Ford Motor by 29.4% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 52,855 shares of the auto manufacturer’s stock worth $558,000 after purchasing an additional 11,998 shares during the period. SFE Investment Counsel boosted its stake in Ford Motor by 11.9% in the 3rd quarter. SFE Investment Counsel now owns 514,445 shares of the auto manufacturer’s stock worth $5,433,000 after purchasing an additional 54,755 shares during the period. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in Ford Motor by 2.7% in the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 89,373 shares of the auto manufacturer’s stock worth $944,000 after purchasing an additional 2,345 shares during the period. Finally, abrdn plc boosted its position in shares of Ford Motor by 18.3% during the third quarter. abrdn plc now owns 3,124,509 shares of the auto manufacturer’s stock worth $32,792,000 after acquiring an additional 483,217 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Price Performance

Ford Motor stock opened at $9.42 on Wednesday. The firm has a 50-day moving average price of $9.79 and a 200-day moving average price of $10.43. The firm has a market capitalization of $37.32 billion, a PE ratio of 6.45, a price-to-earnings-growth 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 has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 3.18% and a return on equity of 16.88%. As a group, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

F has been the subject of a number of research reports. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor 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.