Corient Private Wealth LLC Sells 74,289 Shares of Ford Motor (NYSE:F)

Corient Private Wealth LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 11.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 584,404 shares of the auto manufacturer’s stock after selling 74,289 shares during the quarter. Corient Private Wealth LLC’s holdings in Ford Motor were worth $5,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of F. Hager Investment Management Services LLC bought a new position in shares of Ford Motor during the 4th quarter valued at $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the 4th quarter valued at $29,000. Kentucky Trust Co bought a new position in Ford Motor in the 4th quarter worth $31,000. Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares during the period. Finally, Modus Advisors LLC bought a new position in Ford Motor in the 4th quarter worth $34,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on F shares. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. TD Cowen started coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Piper Sandler dropped their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $11.50.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $10.05 on Friday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm’s 50-day simple moving average is $9.73 and its 200-day simple moving average is $10.30. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The firm has a market cap of $39.81 billion, a P/E ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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, research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.