Freestone Capital Holdings LLC Sells 2,813 Shares of Ford Motor (NYSE:F)

Freestone Capital Holdings LLC reduced its position in shares of Ford Motor (NYSE:F) by 11.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,024 shares of the auto manufacturer’s stock after selling 2,813 shares during the period. Freestone Capital Holdings LLC’s holdings in Ford Motor were worth $218,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in F. Apollon Wealth Management LLC lifted its holdings in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after acquiring an additional 969 shares during the period. Albion Financial Group UT increased its position in shares of Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its stake in shares of Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after buying an additional 1,024 shares during the last quarter. Finally, Klingman & Associates LLC grew its position in Ford Motor by 3.4% during the third quarter. Klingman & Associates LLC now owns 30,923 shares of the auto manufacturer’s stock valued at $327,000 after buying an additional 1,025 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $9.91 on Friday. The company has a market capitalization of $39.26 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company’s fifty day moving average price is $9.72 and its 200-day moving average price is $10.38. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Wall Street Analyst Weigh In

Several research firms have weighed in on F. Evercore ISI decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. JPMorgan Chase & Co. decreased their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. TD Cowen began coverage on Ford Motor in a report on Friday. They set a “hold” rating and a $10.00 price target for the company. BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.77.

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.