Ford Motor (NYSE:F) Shares Sold by Baron Wealth Management LLC

Baron Wealth Management LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 27.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,514 shares of the auto manufacturer’s stock after selling 68,184 shares during the period. Ford Motor comprises 0.9% of Baron Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Baron Wealth Management LLC’s holdings in Ford Motor were worth $1,917,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Insight Wealth Partners LLC raised its position in shares of Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after buying an additional 843 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in Ford Motor by 2.9% during the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 846 shares during the period. Freestone Capital Holdings LLC grew its stake in Ford Motor by 5.0% during the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock worth $244,000 after buying an additional 875 shares during the period. Hilltop National Bank grew its stake in Ford Motor by 7.1% during the second quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock worth $178,000 after buying an additional 944 shares during the period. Finally, Meridian Financial Partners LLC lifted its position in shares of Ford Motor by 1.1% during the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after purchasing an additional 953 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on F. Sanford C. Bernstein cut shares of 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. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Price Performance

NYSE F opened at $11.23 on Tuesday. The company has a 50 day simple moving average of $10.80 and a 200-day simple moving average of $11.49. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market capitalization of $44.61 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 2.00 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the company posted $0.39 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. Equities research analysts predict that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.35%. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.