Schonfeld Strategic Advisors LLC Sells 169,661 Shares of Ford Motor (NYSE:F)

Schonfeld Strategic Advisors LLC decreased its position in shares of Ford Motor (NYSE:F) by 78.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,155 shares of the auto manufacturer’s stock after selling 169,661 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in Ford Motor were worth $457,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor during the 4th quarter worth about $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $31,000. Finally, Crewe Advisors LLC raised its position in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $10.45 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $10.06. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The firm has a market capitalization of $41.42 billion, a PE ratio of 7.16, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. Analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a $0.15 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. Ford Motor’s dividend payout ratio is presently 48.00%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on F shares. Piper Sandler decreased their target price on shares of Ford Motor from $9.00 to $8.50 and set a “neutral” rating for the company in a research report on Tuesday, May 6th. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Sanford C. Bernstein cut shares of Ford Motor from a “market perform” rating to an “underperform” rating and cut their price target for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Monday, May 5th. Finally, JPMorgan Chase & Co. upped their target price on Ford Motor from $11.00 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.00.

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.