waypoint wealth counsel Has $108,000 Stock Position in Ford Motor (NYSE:F)

waypoint wealth counsel cut its stake in Ford Motor (NYSE:F) by 16.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,238 shares of the auto manufacturer’s stock after selling 2,021 shares during the period. waypoint wealth counsel’s holdings in Ford Motor were worth $108,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Olistico Wealth LLC acquired a new position in Ford Motor in the second quarter valued at about $25,000. Fortis Group Advisors LLC boosted its holdings in shares of Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares in the last quarter. Family Firm Inc. bought a new stake in Ford Motor during the 2nd quarter worth approximately $26,000. Voisard Asset Management Group Inc. acquired a new stake in Ford Motor during the 4th quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its position in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 1.1 %

Shares of F stock traded up $0.12 on Friday, reaching $10.57. The company had a trading volume of 45,967,802 shares, compared to its average volume of 53,944,707. The stock has a market cap of $42.20 billion, a PE ratio of 10.90, a PEG ratio of 0.79 and a beta of 1.62. The company has a 50-day moving average of $10.64 and a 200-day moving average of $11.93. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 EPS. On average, equities analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.68%. Ford Motor’s dividend payout ratio is presently 61.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on F shares. Barclays decreased their price objective on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Wolfe Research assumed coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $12.00 to $13.00 in a research report on Tuesday. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.72.

About Ford Motor

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.