155,092 Ford Motor Company $F Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC decreased its position in Ford Motor Company (NYSE:F) by 81.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,371 shares of the auto manufacturer’s stock after selling 155,092 shares during the quarter. Curated Wealth Partners LLC’s holdings in Ford Motor were worth $415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Maripau Wealth Management LLC increased its stake in Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after buying an additional 749 shares during the last quarter. Wayfinding Financial LLC increased its position in shares of Ford Motor by 5.8% during the second quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer’s stock valued at $189,000 after acquiring an additional 754 shares during the last quarter. Southern Financial Group LLC increased its position in shares of Ford Motor by 2.3% during the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after acquiring an additional 776 shares during the last quarter. Bernicke Wealth Management Ltd. lifted its holdings in Ford Motor by 2.0% during the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer’s stock worth $553,000 after acquiring an additional 792 shares during the period. Finally, Bank & Trust Co lifted its holdings in Ford Motor by 2.6% during the second quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer’s stock worth $440,000 after acquiring an additional 794 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $12.45 on Friday. The business’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $13.56. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a market cap of $49.63 billion, a price-to-earnings ratio of 7.42, a PEG ratio of 0.25 and a beta of 1.93. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%. The firm had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the company posted $0.37 earnings per share. The business’s revenue was down 3.8% on a year-over-year basis. Sell-side analysts forecast that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s payout ratio is currently -32.09%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective for the company in a research note on Friday, July 31st. Wells Fargo & Company lifted their target price on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. The Goldman Sachs Group cut their price target on shares of Ford Motor from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Finally, Piper Sandler increased their price target on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $15.36.

About Ford Motor

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.