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

Schonfeld Strategic Advisors LLC lowered its position in shares of Ford Motor (NYSE:F - Free Report) by 78.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,155 shares of the auto manufacturer's stock after selling 169,661 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Ford Motor were worth $457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in F. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after acquiring an additional 160,409 shares in the last quarter. Nordea Investment Management AB boosted its holdings in shares of Ford Motor by 8.7% in the fourth quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock valued at $3,146,000 after acquiring an additional 25,229 shares in the last quarter. Watts Gwilliam & Co. LLC boosted its holdings in shares of Ford Motor by 13.1% in the fourth quarter. Watts Gwilliam & Co. LLC now owns 16,042 shares of the auto manufacturer's stock valued at $157,000 after acquiring an additional 1,863 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in Ford Motor by 2.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 51,812 shares of the auto manufacturer's stock valued at $513,000 after purchasing an additional 1,267 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Up 1.0%

NYSE F traded up $0.11 during trading hours on Monday, hitting $10.54. The company's stock had a trading volume of 101,984,994 shares, compared to its average volume of 75,174,497. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. 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 company's 50-day simple moving average is $9.81 and its two-hundred day simple moving average is $10.05. The company has a market capitalization of $41.75 billion, a PE ratio of 7.22, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) 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. The firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The company's quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.70%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's dividend payout ratio is presently 48.00%.

Wall Street Analyst Weigh In

F has been the subject of a number of research analyst reports. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and dropped their target price for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, Piper Sandler lowered their target price on shares of Ford Motor from $9.00 to $8.50 and set a "neutral" rating for the company in a report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $10.00.

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.