Signature Estate & Investment Advisors LLC Sells 5,079 Shares of Ford Motor Company $F

Signature Estate & Investment Advisors LLC decreased its stake in shares of Ford Motor Company (NYSE:F) by 7.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 63,201 shares of the auto manufacturer’s stock after selling 5,079 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Ford Motor were worth $686,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trust Co. of Toledo NA OH bought a new stake in shares of Ford Motor during the 2nd quarter worth about $25,000. Elite Financial Inc. bought a new stake in shares of Ford Motor during the 1st quarter worth about $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor during the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor during the 1st quarter worth about $30,000. Finally, City Holding Co. boosted its holdings in shares of Ford Motor by 47.8% during the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock worth $34,000 after buying an additional 1,000 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on F. Weiss Ratings reissued a “hold (c)” rating on shares of Ford Motor in a report on Tuesday, October 14th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and boosted their price objective for the company from $9.00 to $12.00 in a report on Monday, October 6th. Piper Sandler boosted their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.11.

Ford Motor Price Performance

Shares of NYSE:F opened at $12.01 on Tuesday. The firm has a 50 day moving average of $11.74 and a 200-day moving average of $10.97. The stock has a market capitalization of $47.78 billion, a PE ratio of 15.39, a PEG ratio of 3.47 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $12.80.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 EPS. On average, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Ford Motor’s payout ratio is presently 76.92%.

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.