Mission Wealth Management LP Sells 2,200 Shares of Ford Motor (NYSE:F)

Mission Wealth Management LP cut its stake in Ford Motor (NYSE:F) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,897 shares of the auto manufacturer’s stock after selling 2,200 shares during the period. Mission Wealth Management LP’s holdings in Ford Motor were worth $217,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its holdings in shares of Ford Motor by 4.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock worth $456,000 after buying an additional 2,004 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Ford Motor by 49.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock worth $10,546,000 after buying an additional 329,631 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Ford Motor by 1.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,428,642 shares of the auto manufacturer’s stock worth $15,086,000 after buying an additional 17,461 shares in the last quarter. NorthRock Partners LLC boosted its holdings in shares of Ford Motor by 6.8% during the 3rd quarter. NorthRock Partners LLC now owns 18,009 shares of the auto manufacturer’s stock worth $190,000 after buying an additional 1,139 shares in the last quarter. Finally, Catalina Capital Group LLC boosted its holdings in shares of Ford Motor by 33.9% during the 3rd quarter. Catalina Capital Group LLC now owns 19,212 shares of the auto manufacturer’s stock worth $203,000 after buying an additional 4,865 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 0.5 %

NYSE F opened at $9.61 on Friday. The firm has a market capitalization of $38.07 billion, a P/E ratio of 6.58, a PEG ratio of 0.61 and a beta of 1.63. The business has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $10.39. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. 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 (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. 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 6.25%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analyst Weigh In

F has been the topic of a number of research analyst reports. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Royal Bank of Canada lowered their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average 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.