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

Signature Estate & Investment Advisors LLC lowered its position in shares of Ford Motor (NYSE:F) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently 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 purchased a new stake in Ford Motor during the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the fourth quarter valued at about $30,000. Kentucky Trust Co purchased a new position in shares of Ford Motor in the fourth quarter worth about $31,000. Finally, Crewe Advisors LLC lifted its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on F. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price target on the stock. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $11.50.

Ford Motor Price Performance

Shares of F stock opened at $10.32 on Thursday. The business’s fifty day moving average is $9.76 and its 200 day moving average is $10.29. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market cap of $40.89 billion, a price-to-earnings ratio of 7.07, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 dividend yield of 5.82%. Ford Motor’s dividend payout ratio is currently 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.