Highline Wealth Partners LLC Has $76,000 Position in Ford Motor (NYSE:F)

Highline Wealth Partners LLC cut its stake in Ford Motor (NYSE:F) by 83.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,712 shares of the auto manufacturer’s stock after selling 39,011 shares during the period. Highline Wealth Partners LLC’s holdings in Ford Motor were worth $76,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Quarry LP bought a new stake in Ford Motor during the second quarter worth about $27,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter worth approximately $33,000. Access Investment Management LLC bought a new position in Ford Motor in the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC bought a new stake in Ford Motor during the fourth quarter worth $34,000. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on F shares. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.83.

Ford Motor Trading Down 0.2 %

Shares of NYSE F traded down $0.02 during midday trading on Friday, reaching $9.72. The stock had a trading volume of 46,620,844 shares, compared to its average volume of 62,747,766. The company’s 50 day moving average price is $10.48 and its 200 day moving average price is $11.04. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market cap of $38.63 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 1.89 and a beta of 1.62.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the business earned $0.39 earnings per share. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. Ford Motor’s payout ratio is currently 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.