Avior Wealth Management LLC Lowers Stock Position in Ford Motor (NYSE:F)

Avior Wealth Management LLC trimmed its position in Ford Motor (NYSE:F) by 10.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,494 shares of the auto manufacturer’s stock after selling 8,121 shares during the quarter. Avior Wealth Management LLC’s holdings in Ford Motor were worth $688,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP bought a new stake in Ford Motor during the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor in the second quarter worth $30,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor during the third quarter worth $33,000. Access Investment Management LLC purchased a new position in Ford Motor during the third quarter valued at $34,000. Finally, Modus Advisors LLC bought a new stake in Ford Motor in the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on F. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $13.00 to $11.00 in a research note on Wednesday. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.82.

Ford Motor Trading Down 0.4 %

Shares of NYSE F opened at $10.12 on Friday. The business’s 50 day moving average price is $10.29 and its 200-day moving average price is $10.84. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $40.20 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. On average, sell-side analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Ford Motor Company 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.