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

Highline Wealth Partners LLC reduced its holdings in shares of Ford Motor (NYSE:F) by 83.5% during the 4th quarter, according to the company in its most recent 13F filing with the 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 reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in 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 Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor during the 3rd quarter valued at $33,000. Access Investment Management LLC bought a new position in Ford Motor in the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter worth $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.2 %

F stock traded down $0.02 during mid-day trading on Friday, reaching $9.72. The company had a trading volume of 46,620,844 shares, compared to its average volume of 62,747,766. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a market capitalization of $38.63 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 1.89 and a beta of 1.62. 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 stock has a 50 day simple moving average of $10.48 and a two-hundred day simple moving average of $11.04.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping 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 company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the business earned $0.39 EPS. Ford Motor’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Analysts Set New Price Targets

Several research analysts recently weighed in on F shares. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Barclays dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four equities research 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.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $11.83.

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.