Arista Wealth Management LLC Trims Stake in Ford Motor Company $F

Arista Wealth Management LLC lowered its stake in Ford Motor Company (NYSE:F) by 17.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 169,675 shares of the auto manufacturer’s stock after selling 35,844 shares during the quarter. Arista Wealth Management LLC’s holdings in Ford Motor were worth $2,226,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Ford Motor by 2.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock valued at $57,008,000 after acquiring an additional 103,423 shares during the last quarter. Caprock Group LLC acquired a new position in Ford Motor in the 3rd quarter valued at $893,000. Versor Investments LP acquired a new position in Ford Motor in the 3rd quarter valued at $2,187,000. Quantbot Technologies LP raised its holdings in Ford Motor by 91.6% in the 3rd quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock valued at $2,148,000 after acquiring an additional 85,848 shares during the last quarter. Finally, National Pension Service raised its holdings in Ford Motor by 6.7% in the 3rd quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after acquiring an additional 510,426 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 3.6%

Shares of NYSE F opened at $15.88 on Thursday. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $16.06. The company has a market cap of $63.26 billion, a P/E ratio of -10.24, a P/E/G ratio of 0.34 and a beta of 1.65. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The stock has a fifty day moving average price of $12.51 and a 200 day moving average price of $13.08.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 EPS. Research analysts anticipate that Ford Motor Company will post 1.6 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wells Fargo & Company dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. Morgan Stanley restated an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a report on Wednesday, May 13th. TD Cowen dropped their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, The Goldman Sachs Group dropped their price objective on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $13.56.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.